Event
COVID-19: Disruption and Opportunities in the US Municipal Market
Hosted by S&P Global Market Intelligence
March 23, 2021
13:00 PM - 14:00 PM
Webcast
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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:
- The COVID-19 impact on municipal issuers’ credit quality
- The magnitude and rationale for significant credit scores reductions
- Actionable best practice on how to analyze public finance risk in a post-pandemic world
- Approaches to automating the spreading and scoring of your Public Finance issuers
- Early warning indicators that could predict rating agency actions
- Techniques to identify high credit quality municipal issuers (both rated and unrated)
Recording
COVID-19: Disruption and Opportunities in the US Municipal Market
Attachments
PFAST Brochure .pdf
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2013 kB
PFAST - Local Governments Brochure.pdf
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170 kB
Speakers
Robert Durante
Senior Director, Credit Risk Solutions @ S&P Global Market Intelligence
Isabella Vallory
Associate, Credit Risk Solutions @ S&P Global Market Intelligence
About
At S&P Global Market Intelligence, we know that not all information is important—some of it is vital. Accurate, deep and insightful. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuation and assess credit risk. Investment professionals, government agencies, corporations and universities globally can gain the intelligence essential to making business and financial decisions with conviction. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence.