About the Company

National Public Finance Guarantee

More than ever before, America is in need of repair. In its recent Report Card on the state of the nation's infrastructure, the American Society of Civil Engineers said poorly maintained, inadequate and unsafe conditions of infrastructure yielded an average score of 'D+'. The organization estimates the investment needed by 2025 to maintain a state of good repair of our roads, water treatment plants, school and other essential infrastructure is $4.6 trillion.

National helps state and local governments access the capital they need to fund their critical infrastructure projects. With a National guarantee on their bonds, issuers pay lower interest rates while broadening their base of investors. And investors enjoy the peace of mind that comes from the unconditional and irrevocable guarantee of the payment of principal and interest on insured obligations when due, or in the event National has the right and chooses to accelerate at an earlier date.

As a monoline insurer, National is dedicated to providing financial guarantees to the U.S. public finance market. Our team's decades of market experience, dedicated financial strength and commitment to serving our customers is a winning combination that cannot be matched.

National Public Finance Guarantee is a wholly owned subsidiary of MBIA Inc. and independently capitalized with $4.6 billion in claims-paying resources as of March 31, 2017.



New Business Development
Thomas J. Weyl

Marketing & Investor Relations
Kevin Brown


A National Guarantee Benefits Issuers By:

  • Lowering borrowing costs by reducing interest rates

  • Broadening the range of investors

  • Simplifying credit structure for complex bond issues

  • Providing greater access to the capital markets

A National Guarantee Benefits Fixed Income Investors By:

  • Providing protection against issuer default and downgrade risk

  • Enhancing liquidity for secondary market trading

  • Simplifying risk assessment