The Municipal Advisory Council of Michigan (MAC) is an information and service organization for an association of businesses involved in the municipal bond industry. The MAC gathers, retains, and reports information about Michigan municipal bonds as a service to its members
- Reservations at the MAC are required for entry. The link for your membership portal can be accessed here: themac.clubautomation.com.
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About the MAC
The Municipal Advisory Council of Michigan (MAC) is a registered Michigan not-for-profit membership service corporation. Founded in 1932, the MAC fosters efficient credit and capital markets for public finance investment banking, underwriting, trading and sales, credit ratings and portfolio management.
The MAC is a single-source municipal database for essential bond and note details for all local government issuers in Michigan.
We track, monitor and record all new issue bond sales, whether competitive, negotiated or private placements. This represents more than 13,856 active and outstanding bond issues.
Among 23 distinctive credit reports, the MAC is the primary source for Issuer’s debt statements, overlapping debt and indirect debt, as disclosed in official statements. On average, more than 22,000 reports are annually downloaded by Members.
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In addition, the MAC provides critical reports for more than 120 local units of governments to comply with continuing disclosure covenants and disclosures in comprehensive audited financial reports.
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MAC’s diverse membership includes broker-dealers, commercial banks, municipal advisors, fund managers, rating agencies, bond attorneys, CPA’s and the Michigan Department of Treasury.
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The Michigan MAC welcomes new members!