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 |
OWENS VY USD ELECTION |
0.00% |
08/01/33 |
4.30% |
62.20 |
59.63 |
| 2 |
PR COMWLTH SER A |
5.38% |
07/01/33 |
2.39% |
75.00 |
73.25 |
| 3 |
ALAMEDA ETC CAB-REF-B |
0.00% |
10/01/28 |
2.22% |
75.69 |
74.04 |
| 4 |
CALEXICO USD CAB-B |
0.00% |
08/01/28 |
1.97% |
83.44 |
81.82 |
| 5 |
GUAM GOVT-SER-D-REF |
4.00% |
11/15/39 |
1.74% |
104.87 |
103.07 |
| 6 |
CENTRL REGL MOB AUTH |
3.38% |
01/01/41 |
1.74% |
102.73 |
100.98 |
| 7 |
ANTELOPE VY HSD-CAB-B |
0.00% |
08/01/27 |
1.73% |
87.07 |
85.59 |
| 8 |
SAN JUAN USD-CABS-A |
0.00% |
08/01/28 |
1.69% |
85.49 |
84.07 |
| 9 |
PR COMWLTH-IMPT-A |
5.25% |
07/01/22 |
1.59% |
73.45 |
72.30 |
| 10 |
DEKALB CO EMGCY DT |
3.75% |
01/01/42 |
1.56% |
108.12 |
106.45 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
CA TOB CAB-D-STANISLA |
0.00% |
06/01/55 |
-4.84% |
6.20 |
6.52 |
| 2 |
OHIO ST UNIV-TXBL-A |
3.80% |
12/01/46 |
-4.16% |
111.24 |
116.07 |
| 3 |
BERTIE CO-A-QSCB |
4.67% |
11/01/35 |
-3.71% |
115.03 |
119.47 |
| 4 |
PITTSBURG USD-B-QSCB |
4.92% |
08/01/34 |
-3.23% |
116.26 |
120.14 |
| 5 |
BEAUMONT USD-C-CABS |
0.00% |
08/01/44 |
-3.18% |
45.09 |
46.57 |
| 6 |
MICHIGAN ST FIN AUTH |
5.02% |
11/01/43 |
-3.13% |
120.09 |
123.97 |
| 7 |
TRIBORO BRDGE-GEN-B |
5.50% |
11/15/39 |
-2.87% |
131.20 |
135.07 |
| 8 |
TRAVIS CNTY MUD #17-A |
2.50% |
09/01/37 |
-2.81% |
97.19 |
100.00 |
| 9 |
CHICAGO O'HARE ARPT-A |
5.00% |
01/01/28 |
-2.79% |
122.30 |
125.81 |
| 10 |
SAN FRANCISCO CNTY CA |
3.00% |
02/01/30 |
-2.71% |
109.49 |
112.54 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 10/11/19 - 10/18/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
RI |
-32 bps |
1.92% |
2.23% |
| 2 |
MD |
-29 bps |
1.79% |
2.08% |
| 3 |
MT |
-24 bps |
1.72% |
1.96% |
| 4 |
GA |
-21 bps |
1.83% |
2.04% |
| 5 |
CO |
-9 bps |
1.92% |
2.00% |
| 6 |
LA |
-6 bps |
2.13% |
2.19% |
| 7 |
MA |
-5 bps |
1.87% |
1.92% |
| 8 |
AZ |
-4 bps |
2.09% |
2.13% |
| 9 |
MO |
-4 bps |
1.85% |
1.89% |
| 10 |
AL |
-4 bps |
2.04% |
2.08% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
UT |
31 bps |
2.04% |
1.73% |
| 2 |
NV |
20 bps |
2.32% |
2.12% |
| 3 |
WI |
20 bps |
2.27% |
2.08% |
| 4 |
MN |
19 bps |
2.03% |
1.85% |
| 5 |
TX |
15 bps |
2.22% |
2.07% |
| 6 |
NJ |
15 bps |
2.04% |
1.90% |
| 7 |
VA |
15 bps |
1.97% |
1.83% |
| 8 |
OH |
14 bps |
2.18% |
2.04% |
| 9 |
SC |
13 bps |
2.01% |
1.88% |
| 10 |
KY |
13 bps |
2.47% |
2.34% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 10/11/19 - 10/18/19
- Displays the average Muni 10 year yield by state between 10/11/19 - 10/18/19 (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 10/11/19 - 10/18/19 (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 10/11/19 - 10/18/19 (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 10/11/19 - 10/18/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
OHIO ST -A-COMMON SCH |
5.00% |
06/15/28 |
9 |
49 |
40 |
444% |
| 2 |
OHIO ST -A-COMMON SCH |
5.00% |
06/15/25 |
9 |
49 |
40 |
444% |
| 3 |
NORTH CAROLINA ST |
5.00% |
03/01/27 |
8 |
44 |
36 |
450% |
| 4 |
PHILADELPHIA PA HOSPS |
5.00% |
07/01/30 |
22 |
55 |
33 |
150% |
| 5 |
DELAWARE TRANSPRTN |
5.00% |
07/01/29 |
8 |
40 |
32 |
400% |
| 6 |
OHIO ST -A-COMMON SCH |
5.00% |
06/15/26 |
7 |
39 |
32 |
457% |
| 7 |
JOHNSON CO PUB BLDG-A |
5.00% |
09/01/25 |
5 |
32 |
27 |
540% |
| 8 |
SAN DIEGO ASSN OF GOV |
5.00% |
11/15/26 |
11 |
38 |
27 |
245% |
| 9 |
TENNESSEE ST-A |
5.00% |
09/01/26 |
9 |
35 |
26 |
289% |
| 10 |
DALLAS-A-REF & IMPT |
5.00% |
02/15/26 |
13 |
38 |
25 |
192% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 10/11/19 vs. the week ending 10/18/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
TEXAS ST WTR DEV BRD |
4.00% |
10/15/44 |
14 |
| 2 |
SPRING BRANCH ISD |
3.00% |
02/01/43 |
14 |
| 3 |
CO ST HLTH FACS AUTH |
4.00% |
08/01/49 |
11 |
| 4 |
MASSACHUSETTS ST DEPT |
5.00% |
01/01/30 |
11 |
| 5 |
LOS ANGELES CA DEPT O |
5.00% |
07/01/43 |
11 |
| 6 |
CALIFORNIA |
5.00% |
10/01/39 |
11 |
| 7 |
OKLAHOMA ST DEV FIN |
5.25% |
08/15/48 |
11 |
| 8 |
WASHINGTON ST-2020A |
5.00% |
08/01/32 |
11 |
| 9 |
LONG ISLAND NY PWR AU |
4.00% |
09/01/35 |
11 |
| 10 |
PHILADELPHIA PA HOSPS |
5.00% |
07/01/30 |
11 |
- Ranks the Munis that were quoted by the highest number of dealers between 10/11/19 - 10/18/19
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.
