Main category
Economics (Finance)
Abstract
SIFMA (Securities Industry and Financial Markets Association) is a trading organization in US. The SIFMA Municipal Swap Index, formerly the Bond Market Association Index, is a market index composed of tax-exempt variable rate demand obligations (VRDOs). VRDOs are municipal bonds with floating interest rates. The SIFMA index is issued weekly.
Further reading
https://ia601400.us.archive.org/16/items/fi-sifma-curve-13/FiSifmaCurve-13.pdf
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