Navigating Bonding & Credit Ratings in the Great Lakes State

Podcast host Rachael Eubanks was appointed as Michigan's 47th State Treasurer by Gov. Gretchen Whitmer in January 2019. Treasurer Eubanks is committed to building Treasury's culture of service to Michiganders through continuous improvement and employee engagement, which are the foundation of Treasury's mission to provide fair and efficient financial services to all taxpayers for the long-term fiscal health and stability of our state. Following recent non-partisan confirmation from her peers at the National Association of State Treasurers? (NAST) Annual Conference, Rachael was elected to serve as the organization?s secretary-treasurer for 2024.

Alyson Hayden is the director of the Bureau of State and Authority Finance which manages the various bonding and debt programs overseen by the Michigan Department of Treasury. Her area within Treasury is also responsible for managing relationships with the credit rating agencies, and she is passionate about maximizing efficiencies of asset and liability portfolios and structuring financings to optimize future flexibility, minimize costs and ensure sustainability. Alyson previously worked as a senior vice president at Robert W. Baird & Co., serving as municipal advisor to local units of government, school districts, and community colleges within the State of Michigan, along with state-level authorities, including the Michigan Department of Treasury's various financing arms.?