The Bond Market Association (former name: Public Securities Association) was the international trade association for the bond market industry. It had headquarters in London, New York City, and Washington D.C. Twenty per cent of the membership was located outside of the US, while 70 per cent was located outside New York City. The BMA acted as a global voice for bond issuers and traders, and co-ordinated with governments, corporations, and investors. It also had a code of ethics which required members to behave in a fashion of fairness. On November 1, 2006 The Bond Market Association merged with the Securities Industry Association to form the Securities Industry and Financial Markets Association.
