Standard & Poor's changed some of its ratings for National Public Finance Guarantee Corp. (NPFG), the municipal bond insuring subsidiary of MBIA.

S&P affirmed the financial strength rating of National at 'BBB' and lowered the standalone credit profile to 'A' from 'A+'.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.