and call. Robert, welcome you, Thank everyone joining to today's
performance of Assured quarter and with quarter year XX% Non-GAAP during per operating the Guaranty was compared operating generate of the income to was income XXXX. last third up higher. $X.XX continued of solid third share
enhance program We X.X continued to additional quarter, the million an total to capital shares cost a at value million. shareholder $XXX our management repurchasing of during third
business value includes which in total $XX when As quarter, of we share quarter PVP in this buyback the production week of began compared to million par we insured production closed outstanding new billion we the XX% repurchased we third PVP shares of year's had up second program produced in transaction our quarter. Syncora of the XX% with X In XXXX. we third in the of on present was assumed large last or year-to-date portfolio new business business basis the
first XXXX. $XXX have produced PVT AGM which the of since year We acquired we exceeds PVP quarters three for of our in far any million
to July index in the decade. in and market X% at contributed public stayed AAA have finished in XX-year year to in municipal during financial October. in exceeded finance, near strong bond AAA Yields spreads continued Conditions rarely has our topping the finance rarely U.S. AAA X.X% this public yields the of businesses move structured finance XX yields All infrastructure the quarter. remain levels at X.XX%. XX-year guarantied bond of September result. It international beginning lowest and third finance U.S. exceeded in and August times the rising credit since most municipal challenging
should increase. rates, spite share our remained as new hope a for spreads of increase the market have in we spreads widen, credit And situation However, business will in relatively tight diminish.
in of types of the transaction broad our sold Our XX% of XXXX continued leadership issue the Assured bond Guaranty's reflects share a of third range ensured across and market appeal new quarter guarantee sizes. volume new and -
more in In indicating billion of number guarantee category insured new the leading insured addition or transactions investors' Assured totaling of XX of nearest in Year-to-date XXX with new the the underlying to the of transactions insured of competitor. XX% market led volume proposition. Guaranty issues insured led than strong primary sold share with XX% par, our $X.X through also our approximately the billion with X.X the par ratings with appreciation issues. insured value par of We new September AA XX a issue we XX% that of
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