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 |
PR-REF-A |
4.75% |
07/01/30 |
5.72% |
65.55 |
62.00 |
| 2 |
MAINE HLTH & HGR-B |
5.00% |
07/01/33 |
4.41% |
125.19 |
119.90 |
| 3 |
IL FIN AUTH-A |
6.13% |
04/01/49 |
3.49% |
118.50 |
114.50 |
| 4 |
PENINSULA PORT |
1.70% |
10/01/33 |
3.15% |
103.87 |
100.70 |
| 5 |
HARRIS CULTL ED-A |
5.00% |
12/01/29 |
2.23% |
118.28 |
115.70 |
| 6 |
PA TPK-A |
5.00% |
12/01/21 |
2.08% |
110.00 |
107.75 |
| 7 |
SAUSALITO CAB-B-FIRE |
0.00% |
08/01/37 |
2.00% |
63.05 |
61.81 |
| 8 |
PUERTO RICO-A |
8.00% |
07/01/35 |
1.77% |
61.57 |
60.49 |
| 9 |
CHEROKEE WTR/SWR REF |
5.50% |
08/01/23 |
1.69% |
111.71 |
109.86 |
| 10 |
HOUSTON TX UTL SYS-C |
2.98% |
11/15/42 |
1.64% |
96.13 |
94.58 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
CA CMTY DEV AUTH |
6.50% |
06/01/35 |
-6.14% |
53.50 |
57.00 |
| 2 |
CUPERTINO UNION SD |
3.00% |
08/01/37 |
-6.07% |
98.12 |
104.47 |
| 3 |
PR ELEC |
4.25% |
07/01/20 |
-4.75% |
66.44 |
69.75 |
| 4 |
NYC SER A2 |
5.21% |
10/01/31 |
-4.20% |
115.91 |
120.99 |
| 5 |
PA TURNPIKE COMM -B |
5.00% |
12/01/40 |
-4.09% |
115.70 |
120.63 |
| 6 |
BOLINGBROOK-B |
0.00% |
01/01/30 |
-3.93% |
76.61 |
79.74 |
| 7 |
MAURY CNTY |
2.50% |
04/01/36 |
-3.87% |
95.16 |
99.00 |
| 8 |
PORT AUTH OF NEW YORK |
3.29% |
08/01/69 |
-3.72% |
95.80 |
99.50 |
| 9 |
MO ST HLTH & EDU FACS |
3.65% |
01/15/46 |
-3.62% |
107.50 |
111.53 |
| 10 |
FORT BEND CO MUD #215 |
2.50% |
09/01/37 |
-3.61% |
90.75 |
94.15 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 11/1/19 - 11/8/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
NV |
-19 bps |
2.23% |
2.42% |
| 2 |
OH |
-5 bps |
2.25% |
2.30% |
| 3 |
NC |
-5 bps |
2.02% |
2.07% |
| 4 |
DC |
-4 bps |
2.05% |
2.09% |
| 5 |
NM |
-3 bps |
1.95% |
1.98% |
| 6 |
AL |
-3 bps |
2.12% |
2.15% |
| 7 |
HI |
-3 bps |
2.05% |
2.08% |
| 8 |
IA |
-3 bps |
2.12% |
2.15% |
| 9 |
IL |
-2 bps |
3.06% |
3.08% |
| 10 |
KS |
-1 bps |
2.34% |
2.34% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
IN |
37 bps |
2.88% |
2.50% |
| 2 |
AR |
34 bps |
2.58% |
2.24% |
| 3 |
CO |
34 bps |
2.36% |
2.02% |
| 4 |
MA |
32 bps |
2.39% |
2.08% |
| 5 |
ME |
30 bps |
2.22% |
1.92% |
| 6 |
NY |
21 bps |
2.39% |
2.18% |
| 7 |
MS |
20 bps |
2.38% |
2.18% |
| 8 |
WI |
19 bps |
2.37% |
2.18% |
| 9 |
GA |
19 bps |
2.11% |
1.91% |
| 10 |
SC |
18 bps |
2.17% |
1.99% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 11/1/19 - 11/8/19
- Displays the average Muni 10 year yield by state between 11/1/19 - 11/8/19 (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 11/1/19 - 11/8/19 (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 11/1/19 - 11/8/19 (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 11/1/19 - 11/8/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
CHARLOTTE-B |
5.00% |
07/01/27 |
10 |
50 |
40 |
400% |
| 2 |
GALENA PARK ISD |
4.00% |
08/15/35 |
6 |
34 |
28 |
467% |
| 3 |
CA EDU FACS AUTH-U6 |
5.00% |
05/01/45 |
46 |
70 |
24 |
52% |
| 4 |
BAY AREA TOLL-S8-BAM |
3.00% |
04/01/54 |
16 |
40 |
24 |
150% |
| 5 |
CUYAHOGA CO HOSP |
5.00% |
02/15/57 |
4 |
28 |
24 |
600% |
| 6 |
PORT AUTH NY & NJ-202 |
5.00% |
10/15/22 |
6 |
30 |
24 |
400% |
| 7 |
CAP TRUST AGY-A |
5.25% |
12/01/43 |
6 |
30 |
24 |
400% |
| 8 |
MASSACHUSETTS ST SCH |
5.00% |
02/15/49 |
16 |
40 |
24 |
150% |
| 9 |
AMERICAN MUNI PWR-A |
5.00% |
02/15/38 |
15 |
39 |
24 |
160% |
| 10 |
TRIBOROUGH BRID-C-REF |
5.00% |
11/15/36 |
26 |
50 |
24 |
92% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 11/1/19 vs. the week ending 11/8/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
CHARLESTON CO SC-B |
5.00% |
11/01/30 |
14 |
| 2 |
CA EDU FACS AUTH-U6 |
5.00% |
05/01/45 |
14 |
| 3 |
ARKANSAS ST DEV FIN A |
4.50% |
09/01/49 |
13 |
| 4 |
CALIFORNIA ST-REF |
5.00% |
04/01/28 |
13 |
| 5 |
HOUSTON-UTL SYS-B-REF |
5.00% |
11/15/36 |
13 |
| 6 |
CO ST HLTH FACS AUTH |
4.00% |
08/01/49 |
12 |
| 7 |
ILLINOIS FIN AUTH |
5.00% |
12/01/26 |
12 |
| 8 |
ATLANTA ARPT REV-D |
4.00% |
07/01/37 |
12 |
| 9 |
SAN FRANCISCO ARPT |
5.00% |
05/01/26 |
12 |
| 10 |
SAN ANTONIO TX ELEC & |
5.00% |
02/01/35 |
12 |
- Ranks the Munis that were quoted by the highest number of dealers between 11/1/19 - 11/8/19
Want free access to Solve's Real-Time Market Data and trends within the market for Municipal Bonds?
If you would like to see additional information, or if you have any feedback or questions, please feel free to reach out to us at info@solveadvisors.com or +1 646-699-5041.
