Data providers target data deficiencies in muni bonds market
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.
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Quarterly reported financials, earnings calls, and other kinds of disclosures are valuable resources for investors for cross-checking the creditworthiness of corporate bonds. The municipal bond market, however, has historically been less transparent, as municipalities are not required to make financial disclosures to the same extent that public companies are.
While the US Securities and Exchange Commission (SEC) requires large, publicly reporting companies to disclose information on an ongoing
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