DEFINITION of 'The Bond Buyer'
The Bond Buyer is a municipal bond market daily trade publication. It began production in 1891 as The Daily Bond Buyer and is headquartered in Manhattan. It is under the umbrella of Source Media, a division of Thompson Financial and is considered a leading news source for people and organizations working in the municipal finance industry.
The publication's primary reader audience is municipal bond market brokers and dealers, followed by bond issuers, bond and tax counsel, bond rating agencies and credit enhancers, public finance bankers and, lastly, trustees.
BREAKING DOWN 'The Bond Buyer'
In addition to providing critical statistics and indexes utilized in fixed-income markets, The Bond Buyer provides bond issuing firms with critically-needed Legal Notice Advertising. Firms issuing bonds must comply with legal obligations to notify the public of their upcoming bond and note sales. Other legal notices that firms can run through The Bond Buyer include notices of refunding, bankruptcy, establishment of irrevocable trusts, tender offers, offers to purchase bonds, and name changes.