Big 7 Letter in Support of Classifying Municipal Securities as High-Quality Liquid Assets

This Letter from April of 2017 reiterates the 7 leading local government organizations support for Classifying Municipal Securities as High-Quality Liquid Assets.

Mar 9, 2018

In this Letter to Senate finance leaders the 7 leading local government organizations, including ICMA, express their support for S.828  saying "Together our members agree that legislation classifying Municipal Securities as High-Quality Liquid Assets would keep demand for the municipal bond high, thus keeping the interest costs of issuance low. Keeping interest costs low, especially during times of fiscal stress, translates to more flexibility in providing and maintaining infrastructure across the United States." 

Advertisement

You may also be interested in