We are excited to launch a weekly newsletter to highlight trends in the Municipal Bond market. Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.
- Top 10 Muni Bond Winners & Losers
- Top 10 Muni State Winners & Losers
- 10 Yr Yield by State - All Muni
- 10 Yr Yield by State - GO Only
- 10 Yr Yield by State - REV Only
- Market Sentiment
- Top Quote Volume Movers
- Most Quoted Municipal Bonds
| TOP 10 BOND WINNERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
SILICON VY TOB CAB-D |
0.00% |
06/01/56 |
20.59% |
6.36 |
5.28 |
| 2 |
TOB SEC NRTHRN CA-C |
0.00% |
06/01/45 |
17.86% |
12.38 |
10.50 |
| 3 |
PR INFRA-SER B |
5.00% |
07/01/37 |
12.04% |
23.25 |
20.75 |
| 4 |
CA TOB CAB-D-STANISLA |
0.00% |
06/01/55 |
8.99% |
6.41 |
5.88 |
| 5 |
CA HLTH FACS-A2 |
5.00% |
11/01/47 |
8.75% |
155.91 |
143.37 |
| 6 |
TRIBORO BRDGE-GEN-B |
5.50% |
11/15/39 |
7.31% |
136.57 |
127.27 |
| 7 |
PR SALES TAX FING-A1 |
0.00% |
07/01/46 |
7.24% |
26.72 |
24.91 |
| 8 |
ANAHEIM CA ELEM SD |
2.75% |
08/01/42 |
7.10% |
101.18 |
94.48 |
| 9 |
MET PIER CAB-A-MCCORM |
0.00% |
12/15/34 |
7.06% |
63.25 |
59.08 |
| 10 |
PR SALES TAX FING-A1 |
0.00% |
07/01/51 |
6.87% |
19.88 |
18.61 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
ELECT 2006-SER B CABS |
0.00% |
08/01/33 |
-6.14% |
43.81 |
46.67 |
| 2 |
PR REF & PUB IMPT-C |
5.70% |
07/01/23 |
-4.38% |
70.73 |
73.97 |
| 3 |
PR HWY/TRN-SUB |
5.25% |
07/01/18 |
-3.52% |
65.13 |
67.50 |
| 4 |
PR PUB IMPT-SER A |
5.25% |
07/01/22 |
-3.51% |
71.52 |
74.13 |
| 5 |
DE KALB SD #428-A-REF |
3.25% |
01/01/35 |
-3.34% |
105.87 |
109.53 |
| 6 |
CALIFORNIA ST-REF |
5.00% |
12/01/21 |
-3.08% |
110.01 |
113.51 |
| 7 |
PR COMWLTH-IMPT-A |
5.00% |
07/01/29 |
-2.09% |
72.40 |
73.94 |
| 8 |
PR-REF-PUB IMPT-A |
5.00% |
07/01/21 |
-2.06% |
71.25 |
72.75 |
| 9 |
MEMPHIS ETC INDL DEV |
2.61% |
11/01/22 |
-1.96% |
102.15 |
104.19 |
| 10 |
PR COMWLTH-IMPT-A |
5.00% |
07/01/25 |
-1.91% |
71.51 |
72.91 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 8/9/19 - 8/16/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
AZ |
-126 bps |
1.78% |
3.05% |
| 2 |
AL |
-60 bps |
1.83% |
2.43% |
| 3 |
MO |
-46 bps |
1.80% |
2.26% |
| 4 |
PA |
-45 bps |
2.00% |
2.45% |
| 5 |
WA |
-41 bps |
1.76% |
2.17% |
| 6 |
CO |
-26 bps |
1.49% |
1.75% |
| 7 |
FL |
-22 bps |
1.95% |
2.16% |
| 8 |
KS |
-21 bps |
2.01% |
2.22% |
| 9 |
NE |
-21 bps |
2.01% |
2.22% |
| 10 |
NJ |
-20 bps |
1.94% |
2.14% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
WI |
15 bps |
2.15% |
2.00% |
| 2 |
IA |
6 bps |
1.92% |
1.86% |
| 3 |
GA |
2 bps |
1.84% |
1.81% |
| 4 |
KY |
2 bps |
2.25% |
2.22% |
| 5 |
OR |
1 bps |
2.08% |
2.07% |
| 6 |
CT |
-1 bps |
2.09% |
2.10% |
| 7 |
MA |
-2 bps |
1.93% |
1.95% |
| 8 |
MD |
-2 bps |
1.87% |
1.89% |
| 9 |
IL |
-5 bps |
3.21% |
3.26% |
| 10 |
TX |
-5 bps |
2.04% |
2.09% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 8/9/19 - 8/16/19
- Displays the average Muni 10 year yield by state between 8/9/19 - 8/16/19 (General Obligation and Revenue Bonds)
- Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
- Displays the average Muni 10 year yield by state between 8/9/19 - 8/16/19 (General Obligation Bonds only)
- Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
- Displays the average Muni 10 year yield by state between 8/9/19 - 8/16/19 (Revenue Bonds only)
- Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
- Reveals the percent of Muni bonds increasing in price (Advancers) vs. decreasing in price (Decliners) between 8/9/19 - 8/16/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
FL BOE-A-REF |
5.00% |
06/01/22 |
18 |
55 |
37 |
206% |
| 2 |
MICHIGAN ST-REF-B |
5.00% |
11/01/23 |
19 |
55 |
36 |
189% |
| 3 |
NC MEDICAL CARE COMM |
5.00% |
06/01/26 |
12 |
46 |
34 |
283% |
| 4 |
MET COUNCIL-C-REF |
5.00% |
03/01/23 |
16 |
49 |
33 |
206% |
| 5 |
PUTNAM PCR-A-REF |
5.00% |
03/15/42 |
8 |
41 |
33 |
413% |
| 6 |
MAINE ST-B |
5.00% |
06/01/24 |
18 |
50 |
32 |
178% |
| 7 |
DELAWARE ST-A |
5.00% |
08/01/22 |
14 |
45 |
31 |
221% |
| 8 |
PORT OF SEATTLE-REF |
5.00% |
06/01/22 |
14 |
45 |
31 |
221% |
| 9 |
LA UNIV A&M-A-REF |
5.00% |
07/01/22 |
14 |
45 |
31 |
221% |
| 10 |
IN FIN AUTH-D |
5.00% |
08/01/22 |
12 |
43 |
31 |
258% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 8/9/19 vs. the week ending 8/16/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
SAN JOSE -A-1 |
5.00% |
09/01/47 |
17 |
| 2 |
HI ELEC CO INC |
3.20% |
07/01/39 |
15 |
| 3 |
DASNY-A-GROUP 2-REF |
5.00% |
03/15/31 |
15 |
| 4 |
DENVER CITY & CO ARPT |
5.00% |
12/01/37 |
14 |
| 5 |
NYC TRANS FIN AUTH |
4.00% |
05/01/42 |
14 |
| 6 |
OHIO ST HWY CAP-U-REF |
5.00% |
05/01/27 |
14 |
| 7 |
WASHINGTON ST CONVENT |
5.00% |
07/01/58 |
13 |
| 8 |
OHIO ST-A |
5.00% |
05/01/35 |
13 |
| 9 |
ARIZONA ST COPS |
5.00% |
10/01/29 |
13 |
| 10 |
KANSAS CITY ARPT-B |
5.00% |
03/01/46 |
13 |
- Ranks the Munis that were quoted by the highest number of dealers between 8/9/19 - 8/16/19
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