Dear Visitor:

The financial guaranty industry has insured close to $6 trillion in debt during its 38-year history.

AFGI members insure debt in three major sectors:

U.S. Public Finance, where insured bonds play a central role in financing state and local governments and essential public needs including education, utilities, housing and transportation.

U.S. Structured Finance, where AFGI members provide credit enhancement for an expanding range of securities backed by mortgages, consumer receivables and other assets, as well as securities backed by pools of corporate bonds and loans.

International Public and Structured Finance, where financial guarantees strengthen and enhance the marketability of securitizations and public/private infrastructure financings, and help financial institutions manage capital more efficiently.

On behalf of AFGI's members, I thank you for visiting this site and hope you will take time to navigate through it and learn more about our work.

Sincerely,

Bruce E. Stern
AFGI Chairman
Executive Officer for Government and Corporate Affairs
Assured Guaranty