AMBAC. A corporation which offers insurance policies on new municipal bond offerings. An offering with such insurance can command a higher price upon issue, depending on the extent to which the insurance policy guarantees interest and principal repayments
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The first municipal bond insurance company, formed in 1971 as a subsidiary of MGIC Investment Corp. of Milwaukee; now more commonly known as Ambac ...
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The Ambac Financial Group, Inc., generally known as Ambac (originally the American Municipal Bond Assurance Corporation) (OTCQB: ABKFQ), is an ...
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Definition of American Municipal Bond Assurance Corporation: AMBAC. A corporation which offers insurance policies on new municipal bond offerings.
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Evolved from the AMBAC Insurance Corporation in 1985, the American Municipal Bond Assurance Corporation is one of the largest insurers of municipal bonds ...
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American Municipal Bond Assurance Corporation. The rescheduled earnings release is necessary in order to finalize statutory financial results for Ambac ...