Electronic Municipal Market Access

Getting Started with EMMA

Frequently Asked Questions

The EMMA website was established to increase transparency of the municipal securities market by providing free public access to municipal securities documents and data. EMMA provides investors, state and local governments and other market participants with key information about individual municipal bonds as well as tools to assess bond prices and market trends. Get access to:
Information about Specific Municipal Securities
  • Official statements (the prospectus for a municipal bond)
  • Trade prices, yields and other data about a bond’s trading history
  • Financial disclosure documents from the issuer of the bond
  • Other ongoing disclosure documents about events affecting the bond
  • Information about 529 savings plans and ABLE programs
Market-Wide Information
  • Yield curves and indices from third-party providers
  • Calendar of municipal securities scheduled to be offered
  • Calendar of upcoming economic reports and events that may have an impact on the municipal bond market
  • Market statistics about overall trading patterns and most active securities
EMMA is a service of the Municipal Securities Rulemaking Board (MSRB), a self-regulatory organization whose mission is to protect investors, state and local governments and other municipal entities, and the public interest by promoting a fair and efficient municipal securities market. The MSRB fulfills this mission by regulating the municipal securities firms, banks and municipal advisors that engage in municipal securities and advisory activities. To further protect market participants, the MSRB provides market transparency through the EMMA website. The MSRB also serves as an objective resource on the municipal market, conducts extensive education and outreach to market stakeholders, and provides market leadership on key issues. The MSRB is a Congressionally-chartered, self-regulatory organization governed by a board of directors that has a majority of public members, in addition to representatives of regulated entities. The MSRB is subject to oversight by the Securities and Exchange Commission, which designated the EMMA website as the official repository for municipal securities disclosures in 2009.
Learn more about how to use EMMA by visiting EMMA Help. For additional help, contact MSRB Support at 202-838-1330 or MSRBSupport@msrb.org . To provide feedback, please use the Contact Us form.
The MSRB Education Center is a multimedia library of information about the municipal securities market. It's free and objective resources are geared toward investors and state and local governments to help them make informed decisions.

MuniEdPro® is the MSRB’s suite of free, interactive courses designed to provide content relevant to municipal market activities and regulations. Courses include:
  • Exploring Municipal Bonds: A Course for Investors
  • Being an Informed Municipal Bond Issuer
  • Understanding Primary Offering Disclosure Responsibilities: Due Diligence
  • Pricing Municipal Bonds Through a Negotiated Sale Process
  • Pricing Municipal Bonds Through a Competitive Sales Process
  • Continuing Disclosure Obligations