Municipal Credit Insights

Municipal and State Credit Risk

 

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What is Protection Margin

Time For a Second Look

California State GO Bonds

Contact Information

Municipal and State Credit Risk Evaluation for Institutions, Individuals 
and Issuers

  • Enterprise Revenue, Tax Revenue, GO's, Special Assessments, Tax Increment/Allocation and Project Finance

  • Telephone Consultations, Long and Short Form Written Evaluations, Second Opinions

  • Email for Additional Information and Prices


What does a Credit Protection Margin Opinion mean? Is it the same as a Rating Agency Credit Rating?

Please see What is Protection Margin and Municipal Bonds - Time for a Second Look


Consulting Services for Bond Insurers and Portfolio Managers 

  • Underwriting and Surveillance Work Flow

  • Single Risk Aggregation Methodology and Reporting

  • Issue By Issue ROC Measurement and Reporting


Principal's Bio

Carl Dincesen has 30 years of experience in evaluating tax exempt bond credit risk. First at US Trust Company of New York for 7 years, then at Ambac Financial Group for 18 years where he was Managing Director of Public Finance Credit Risk Management and Chairman of the Public Finance Credit Committee. He is an independent credit risk capital allocation consultant serving investors and issuers.