NFIP targets 32% more limit at midpoint on FloodSmart Re bond
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NFIP targets 32% more limit at midpoint on FloodSmart Re bond

The spread guidance on both notes has moved lower.

By Jai Singh
February 28, 2024
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nfip logo cash flood 2024.png

The US Federal Emergency Management Agency (Fema) is looking to increase the size of its FloodSmart Re cat bond to $462.5mn

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