Municipal Bonds
topic on 2 shows · 3 statements across 2 episodes
Capital Allocators 
the a16z Podcast
3 statements about Municipal Bonds, every show
Physical climate risk is probably unpriced across capital markets
“If it's not priced into municipal bonds, which are place-based, have a long duration to then relatively well traded, then it's probably not priced everywhere.”
Wilson: The municipal bond market issues $1 billion per day
“It used to be a fundamentally a community driven effort that would allow the community to build exactly what it needs when it needs it is now this like hyper consolidated, aggregated, one billion dollar per day market.”
Wilson: Bundled municipal bonds prevent banks from receiving CRA tax credits
“They haven't been able to really invest in those communities through municipal bonds because of the aggregation that, you know, it's clean energy, energy upgrades for the school in the low income district combined with, you know, the sewers citywide and sudden…”