Title: COVID-19: Disruption and Opportunities in the US Municipal Market
Duration: 30 minutes
COVID-19 has been adversely disrupting all sectors of the economy, however, in the United States, few asset classes could experience the magnitude of potential credit deterioration as the US Municipal Market. From October 2020 onwards, municipal issuers started reporting the first audited financial statements for the period ending June 30, 2020. We believe these are the first financial results that reflect the impact of COVID-19 on municipal issuers. Leveraging our Public Finance Automated Scoring Tool (PFAST) we have analyzed the data contained in more than 2,000 reports to understand the credit impact of the pandemic on these entities. In this webinar, we will share specific insights on: