Since 1983 we have tracked municipal bond defaults. Our database contains over 4,000 bond defaults which we track from inception to final settlement. The monthly newsletter provides updates on the status of current active defaults, new defaults and most recent market pricing. We also provide commentary on the outlook for individual defaults based on our long experience in tracking the various categories and bond types. We also provide commentary on developments in the industry which threaten to become future problems.
Institutions which have a large portfolio of municipal bonds which they must monitor.
Bond dealers who buy and sell bonds in the secondary market
Investors who specialize in distressed debt
Anyone who needs an alert service, given the lack of timely reporting still prevalent in the municipal market.
New municipal defaults and updates on ongoing workouts and bankruptcies.
Pricing for defaulted municipal issues still being traded.
Because of the high level of interest in Florida Community Development District defaults as well as their sheer numbers, we started a website just to track these bonds. Go to our site to see the current status of each default as well as their locations and contact information. The default information can be obtained by clicking on the district’s name and then the continuing disclosure notation.
Our database is also available to research questions about default trends and histories as well as settlements and recoveries. We have over 20 categories of bonds going back to 1980 which allows risk analysis by bond purpose, by type, by state or by issuing authorities.
Email us at research@distresseddebtnl.com with any custom research needs.