The Treasury Department said it will auction $15 billion 30-year bonds on August 11.
The notes are dated August 15 and are due August 15, 2046.
Muni performance is likely to recover during the second half of the year, said Cooper Howard, a fixed income strategist at Charles Schwab.
Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.
Auditor General Frank Mautino said the delay was due largely to $1.2 billion erroneously collected from pharmaceutical companies that had to be addressed.
Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.
The $137,500 fine for allegedly violating MSRB Rule G-27 was part of a $275,000 total fine imposed.
With Chicago-area transit's fiscal cliff looming, the area's transit agencies are searching for revenue fixes and prepping for two key milestones this fall.