Publications

In 1990, the Federation published the Disclosure Handbook for Municipal Securities, updated in 1992, with a desire to communicate to the municipal bond industry the information needed by analysts to make informed investment decisions. In 1994, the Federation published secondary market disclosure forms covering 15 separate sectors in the municipal bond market. Both the Disclosure Handbook and the secondary market disclosure forms have been superceded by the NFMA's Recommended Best Practices in Disclosure papers. The NFMA also issues when appropriate, Position Statements on developments in the municipal market. In addition, the Federation maintains on active online directory for its members and publishes and electronic newsletter, the Municipal Analysts Bulletin three times per year.