Tools commonly used in the Bonds-Municipal & Corporate industry for day-to-day tasks and operations.

• Bloomberg Terminal
• Yield Book
• BondEdge
• MuniCenter
• BondLink
• EMMA
• Ipreo
• MarketAxess
• BondWave
• BondDesk

Common products and services typical of NAICS Code 523991-03, illustrating the main business activities and contributions to the market.

• Infrastructure Bonds
• Healthcare Bonds
• Education Bonds
• Technology Bonds
• Energy Bonds
• Retail Bonds
• Transportation Bonds
• Manufacturing Bonds
• Financial Bonds
• Real Estate Bonds

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Series 7: A certification required by the Financial Industry Regulatory Authority (FINRA) for individuals who may sell a broad range of securities, including municipal and corporate bonds. The certification is obtained by passing an exam.
• Series 52: A certification required by FINRA for individuals who may sell municipal securities, including municipal bonds. The certification is obtained by passing an exam.
• Series 63: A certification required by FINRA for individuals who may solicit orders for any type of security in a particular state. The certification is obtained by passing an exam.
• Series 65: A certification required by FINRA for individuals who may provide investment advice or sell securities in a particular state. The certification is obtained by passing an exam.
• Certified Financial Planner (CFP): A certification provided by the Certified Financial Planner Board of Standards, Inc. for individuals who have completed a rigorous education program, passed a comprehensive exam, and met other requirements. CFPs may provide financial planning services, including advice on bonds.

A concise historical narrative of NAICS Code 523991-03 covering global milestones and recent developments within the United States.

• The "Bonds-Municipal & Corporate" industry has a long history dating back to the 18th century when the first municipal bond was issued in the United States. The industry has since grown to become a vital part of the global economy, providing a means for governments and corporations to raise capital for various projects. Notable advancements in the industry include the introduction of electronic trading platforms, which have made it easier for investors to buy and sell bonds. In recent years, the industry has also seen an increase in the use of green bonds, which are used to finance environmentally friendly projects. In the United States, the industry has faced challenges such as the 2008 financial crisis, which led to a decline in bond issuance. However, the industry has since rebounded, with the issuance of municipal bonds reaching a record high in 2020.

The anticipated future trajectory of the NAICS 523991-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Bonds-Municipal & Corporate industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for bonds from both the public and private sectors. The low-interest-rate environment is also expected to drive growth in the industry as investors seek higher yields. Additionally, the industry is expected to benefit from the increasing popularity of sustainable investing, which has led to a rise in demand for green bonds. However, the industry may face challenges due to the ongoing COVID-19 pandemic and the resulting economic uncertainty. Overall, the industry is expected to continue to grow in the coming years, driven by increasing demand for bonds and the low-interest-rate environment.

Recent groundbreaking advancements and milestones in the Bonds-Municipal & Corporate industry, reflecting notable innovations that have reshaped its landscape.

• The Use Of Blockchain Technology to Issue Bonds: Blockchain technology has been used to issue bonds, which has made the process more efficient and secure. The technology has also made it easier for investors to buy and sell bonds.
• The Rise Of Green Bonds: Green bonds have become increasingly popular in recent years, with issuers using the proceeds to fund environmentally friendly projects. This has led to a rise in demand for green bonds from investors who are looking to invest in sustainable projects.
• The Use Of Artificial Intelligence In Bond Trading: Artificial intelligence has been used to analyze market data and make trading decisions. This has made the bond trading process more efficient and has led to better returns for investors.
• The Growth Of the Municipal Bond Market: The municipal bond market has grown in recent years, driven by increased demand from investors seeking tax-free income. This has led to more issuers entering the market and increased competition.
• The Use Of Social Bonds: Social bonds have become increasingly popular in recent years, with issuers using the proceeds to fund projects that have a positive social impact. This has led to a rise in demand for social bonds from investors who are looking to invest in projects that have a positive social impact.