Here is the hottest thing in muniland disclosure right now: http://www.massbondholder.com/
The Commonwealth of Massachusetts has poured a lot of effort and creativity into figuring out how to keep its bond investors up to date with financial data. Today it consolidates lots of municipal bond data in one place. It’s a muniland “one stop shop,” and I hope it inspires other states and municipalities to improve their games on disclosure.
In an email, Colin MacNaught, the debt manager for Massachusetts, wrote this about the site (emphasis mine):
We think some of the tools we’re providing on our investor website distinguish it from any other muni investor relations website – but also some of the corporate investor relations sites we’ve reviewed.
To wit, we have provided on the website all of the state’s financial and economic data that is currently provided to bondholders every 60 days when we formally update our investor disclosure (we developed a set disclosure schedule last year to make life easier for the credit analysts who cover Massachusetts).
