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MBIA INC. DECLARES QUARTERLY DIVIDEND

 ARMONK, N.Y., March 11 /PRNewswire/ -- MBIA Inc. (NYSE: MBI) today declared a regular quarterly dividend of $.21 per share on its common stock. The dividend is payable April 15, 1993, to shareholders of record March 26, 1993.
 MBIA Inc., through its wholly owned subsidiary, MBIA Corporation, is the leading insurer of municipal bonds, including new issues and bonds traded in the secondary market. The company also guarantees asset- backed transactions and high quality obligations offered by qualified financial institutions and provides investment management services for school districts and municipalities. MBIA Corporation has a claims- paying rating of Triple-A from Moody's Investors Service and Standard & Poor's Corporation and all municipal bonds insured by MBIA receive these ratings.
 -0- 3/11/93
 /CONTACT: Michael C. Ballinger of MBIA, 914-765-3893/
 (MBI)


CO: MBIA Inc. ST: New York IN: FIN SU: DIV

CK -- NY032 -- 5052 03/11/93 10:35 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:148
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