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 COMWLTH-IMPT-A |
5.25% |
07/01/24 |
5.42% |
76.96 |
73.00 |
| 2 |
OH TPK COMMN-A-BHAC-C |
5.50% |
02/15/24 |
5.35% |
122.59 |
116.37 |
| 3 |
MI TECH UNIV-A-BAB |
6.44% |
10/01/29 |
3.93% |
126.56 |
121.77 |
| 4 |
GRAND RAPIDS SAN-A-BA |
6.72% |
01/01/41 |
3.02% |
151.83 |
147.37 |
| 5 |
TWENTYNINE REDEV-A |
4.25% |
09/01/42 |
2.79% |
110.60 |
107.59 |
| 6 |
KANE CO SD #131-B |
4.15% |
06/01/41 |
2.61% |
110.97 |
108.14 |
| 7 |
MET TRN AUTH-A2-BABS |
6.09% |
11/15/40 |
2.12% |
139.16 |
136.28 |
| 8 |
METRO TRANSP AUTH-A1 |
3.00% |
11/15/34 |
2.07% |
104.83 |
102.70 |
| 9 |
KING CO HSG AUTH |
3.00% |
11/01/39 |
2.04% |
101.31 |
99.29 |
| 10 |
KS ST DEV EMPLOYEES-C |
5.50% |
05/01/34 |
1.99% |
127.50 |
125.02 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
PR ELEC SER TT |
5.00% |
07/01/25 |
-10.47% |
70.06 |
78.25 |
| 2 |
ROSEMEAD-A-REF |
3.13% |
08/01/43 |
-4.90% |
94.25 |
99.11 |
| 3 |
SAN MATEO SD-A-CABS |
0.00% |
09/01/33 |
-4.61% |
95.28 |
99.88 |
| 4 |
FORT BEND CO MUD #134 |
2.63% |
09/01/41 |
-4.38% |
91.83 |
96.04 |
| 5 |
EMPLOYEES RETIREMT-A |
6.15% |
07/01/38 |
-2.89% |
42.10 |
43.35 |
| 6 |
LAWRENCEBURG TN -B |
2.13% |
06/01/33 |
-2.75% |
96.31 |
99.03 |
| 7 |
KINGS PARK CSD |
2.00% |
09/01/34 |
-2.68% |
94.20 |
96.79 |
| 8 |
BERKS CO IDA HLTH-REF |
3.75% |
11/01/42 |
-2.67% |
102.44 |
105.25 |
| 9 |
FAIRVIEW HGTS |
3.50% |
12/01/43 |
-2.59% |
104.24 |
107.01 |
| 10 |
PA TURNPIKE COMM -A-1 |
5.00% |
12/01/26 |
-2.51% |
118.40 |
121.45 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 10/25/19 - 11/1/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
GA |
-29 bps |
1.72% |
2.02% |
| 2 |
SC |
-14 bps |
1.99% |
2.12% |
| 3 |
HI |
-11 bps |
2.15% |
2.26% |
| 4 |
CO |
-10 bps |
2.02% |
2.12% |
| 5 |
WI |
-9 bps |
2.18% |
2.27% |
| 6 |
VA |
-8 bps |
1.92% |
2.00% |
| 7 |
MN |
-8 bps |
2.03% |
2.11% |
| 8 |
MS |
-7 bps |
2.18% |
2.25% |
| 9 |
KY |
-6 bps |
2.43% |
2.50% |
| 10 |
OR |
-6 bps |
2.09% |
2.15% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
MO |
88 bps |
2.24% |
1.36% |
| 2 |
AZ |
74 bps |
2.77% |
2.03% |
| 3 |
IL |
58 bps |
3.08% |
2.50% |
| 4 |
LA |
34 bps |
2.36% |
2.02% |
| 5 |
IN |
31 bps |
2.50% |
2.19% |
| 6 |
NV |
21 bps |
2.42% |
2.21% |
| 7 |
MT |
18 bps |
2.03% |
1.85% |
| 8 |
KS |
15 bps |
2.34% |
2.19% |
| 9 |
MI |
13 bps |
2.46% |
2.34% |
| 10 |
ME |
12 bps |
1.92% |
1.80% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 10/25/19 - 11/1/19
- Displays the average Muni 10 year yield by state between 10/25/19 - 11/1/19 (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 10/25/19 - 11/1/19 (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 10/25/19 - 11/1/19 (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 10/25/19 - 11/1/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
CA EDU FACS AUTH-U6 |
5.00% |
05/01/45 |
4 |
46 |
42 |
1050% |
| 2 |
HONOLULU CO-B-REF |
5.00% |
10/01/29 |
6 |
45 |
39 |
650% |
| 3 |
LOS ANGELES REDEV-C |
5.25% |
12/01/25 |
12 |
45 |
33 |
275% |
| 4 |
OR HSG AND CMNTY-D |
4.75% |
01/01/50 |
5 |
37 |
32 |
640% |
| 5 |
PA TPK COMM-A-SUB-1 |
5.25% |
12/01/45 |
8 |
39 |
31 |
388% |
| 6 |
WI HEALTH & EDUCATION |
5.00% |
04/01/25 |
7 |
35 |
28 |
400% |
| 7 |
NEW YORK CITY-C-REF |
5.00% |
08/01/27 |
5 |
30 |
25 |
500% |
| 8 |
MINNESOTA ST-B |
5.00% |
08/01/24 |
5 |
30 |
25 |
500% |
| 9 |
OREGON ST DEPT OF ADM |
5.00% |
04/01/29 |
7 |
32 |
25 |
357% |
| 10 |
DASNY-REV-A-GRP 4-REF |
5.00% |
03/15/45 |
30 |
54 |
24 |
80% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 10/25/19 vs. the week ending 11/1/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
NY ST THRUWAY AUTH-B |
3.00% |
01/01/46 |
20 |
| 2 |
COLUMBUS OH |
5.00% |
04/01/36 |
15 |
| 3 |
CA EDU FACS AUTH-U6 |
5.00% |
05/01/45 |
14 |
| 4 |
CHARLESTON CO SC-B |
5.00% |
11/01/30 |
14 |
| 5 |
COLUMBUS OH |
5.00% |
04/01/38 |
14 |
| 6 |
CALIFORNIA |
5.00% |
10/01/27 |
14 |
| 7 |
WASHINGTON DC MET-B |
5.00% |
07/01/36 |
13 |
| 8 |
NY ST THRUWAY AUTH-B |
4.00% |
01/01/50 |
13 |
| 9 |
NEW YORK NY-B-1 |
3.00% |
10/01/44 |
13 |
| 10 |
INDIANA FIN AUTH |
5.00% |
02/01/28 |
13 |
- Ranks the Munis that were quoted by the highest number of dealers between 10/25/19 - 11/1/19
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