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
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