Company Data
MBIA Inc.
Ticker
MBI
Current Price
$6.91 -4.56%
Market Cap
$352.6M
Price Target
Refer to Report
Volume
347.6K
52wk Range
$3.22 - $7.4599
Overview
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. Many MBIA customers are secure public-sector entities.