As problems in the auction-rate and variable-rate markets persist, many of the financial guarantors are increasingly making an effort to work with issuers to find solutions to their dislocated debt problems.

At least two insurers - Ambac Assurance Corp. and MBIA Insurance Corp. - have called attention to their efforts in recent days, but in fact a handful of insurers say they have been working with issuer clients since the troubles with failed auction-rate deals began earlier this year.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.