Thought Leadership Thursday
Help Us Grow the State Debt Management Network
Thought Leadership Thursday Article
This year I have the honor of serving as the chair of the State Debt Management Network (SDMN). We’re one of three networks in the NAST family and a collection of public finance professionals who share the same unique passion and dedication for all things involving municipal bonds and state debt. SDMN’s mission is to lead, educate, and advocate efficient and responsible state debt management essential to meeting states’ financing needs.
More specifically, in addition to being a core responsibility of many NAST members, bond issuance is the backbone of state infrastructure finance. You would be hard-pressed to find a bridge, road, school, watermain or public hospital that didn’t have some sort of connection to an underlying municipal bond. Put simply — bonds (and savings from successful bond refundings) have built, are building and will continue to build America.
No two SDMN members are the same. But— we all commit ourselves to the same goals, serving as the best stewards of our state’s credit and securing the best financing for capital and other needs. More importantly, we all face the same opportunities and challenges in today’s rapidly changing markets and regulatory environments. Furthermore, our authoritative voices and expert opinions are not only welcomed in Washington, they are actively sought.
Second: Reaching Deeper into States that Are Already Involved
Third: Increasing our Engagement and Network Opportunities
Four: Breaking Down Our Silos
In conclusion, I hope you share my excitement for the future of SDMN. I invite you to get engaged or share this message with all debt management staff of your state so they can get involved. Join a network or training call/opportunity, sit in on one of our sessions at the Treasury Management Training Symposium (TMTS), or just ask to join our listserv. I’m looking forward to a productive and successful year ahead of us. Please contact either Brian Egan or myself to join the unique passion and dedication for all things involving municipal bonds and state debt!