About the Company

National Public Finance Guarantee

National Public Finance Guarantee is a wholly owned subsidiary of MBIA Inc. and independently capitalized with $2.4 billion in claims-paying resources as of December 31, 2022.

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