BondView Releases COVID-19 Credit Ratings Tool to Help Investors Check If Their Municipal Bonds Will Survive The COVID Pandemic

NEW YORK, Aug. 18, 2020 /PRNewswire/ -- BondView, a leading provider of bond and fund information, today launched their new COVID Impact Ratings to help investors assess the economic exposure of municipal bonds to the potential impact of the pandemic. BondView's COVID Impact Ratings are free during the COVID crisis and available now here: https://cms.bondview.com/landing-page-ratings.

BondView's COVID Impact Ratings help municipal bond investors and financial professionals stay abreast of fast moving COVID driven trends impacting their investments. The ratings are updated daily and focus on five key factors that help identify COVID risk for each municipal bond. These are: 1) Sector of Issuance, 2) Material Events, 3) Geography, 4) Marketplace Perspective and 5) Bond Liquidity. Based on in-depth research and BondView's automated intelligent analyst platform, the ratings are easy to understand and available in both summary and detailed views.

The consequences of the COVID pandemic are likely to have a significant impact on parts of the municipal bond market. The nature and extent of this exposure may vary significantly between states, sectors and individual issuers. With over 1.5 million bonds in the municipal market, identifying and monitoring this impact is a major challenge for investors and professionals. Municipal bonds trade infrequently and credit ratings agencies have a large backlog of bonds that need to be re-rated. This has resulted in stale credit ratings that lag the economic realities of COVID. BondView's COVID Impact Ratings offer an up to date, low-cost, market based measure of which bonds may be most impacted and on what scale.

BondView's COVID Impact Ratings help investors identify municipal bonds that might be most impacted by the COVID fallout and assess the scale of this impact. In the institutional market, fund managers can use this to rebalance their portfolios or mitigate risks, dealers can identify trading opportunities and muni analysts can supplement their fundamental approach. For financial advisors and retail investors, typically lacking the scale and sophisticated tools of institutional players, BondView's ratings offer a simple low-cost way of identifying and monitoring their municipal bond risk.

Robert Kane, CEO of BondView said, "BondView's COVID Impact Ratings is like having a professional bond manager keep a watchful eye over your bonds. The key benefit of the product enables professional and individual investors to identify and monitor fast moving trends that could impact their investments." 

More Information:  Contact Jim Walker, Press Inquiries, BondView, [email protected], PH 866-261-9533, https://cms.bondview.com/landing-page-ratings.

SOURCE BondView

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