Since 1995, George K. Baum & Company has underwritten over $14 billion in taxable and tax-exempt short-term issues including variable rate demand bonds, short-term notes, and housing draw down installments.

The short-term notes issues we underwrite are diverse, ranging from less than $1 million in par amount to over $100 million. Our variable rate demand bonds likewise range in size and are typically multi-modal structures, providing clients with the flexibility to switch between daily, weekly, term modes, commercial paper and fixed rates.

George K. Baum & Company currently serves as remarketing agent on over 200 variable rate demand bond issues with total par value exceeding $4.7 billion.

George K. Baum & Company has developed strong relationships with all national and major regional tax-exempt and taxable money market funds. The firm also has strong relationships with many of the nation’s commercial banks that are active in providing letters of credit or liquidity on numerous variable rate financings that we underwrite and remarket. The letter of credit or liquidity providers on our issues range from small "A" rated banks to the largest "AAA" rated domestic and foreign banks. We are able to negotiate mutually satisfactory terms with these banks to achieve the goals of our clients and to ensure the lowest cost.

Reinvestment of Bond Proceeds

Derivative Financings

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