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 SER A |
5.00% |
07/01/18 |
4.48% |
73.89 |
70.72 |
| 2 |
PR COMWLTH UNREF-A |
5.00% |
07/01/34 |
2.79% |
74.12 |
72.11 |
| 3 |
BRUNSWICK SD-TXB-A-FA |
6.38% |
12/01/26 |
2.37% |
119.36 |
116.60 |
| 4 |
STHRN CA |
5.00% |
11/01/33 |
2.28% |
131.05 |
128.14 |
| 5 |
JEA ELEC-TXB-3-E-BABS |
5.35% |
10/01/30 |
2.26% |
120.39 |
117.73 |
| 6 |
OHIO ST UNIV-TXBL-A |
3.80% |
12/01/46 |
1.87% |
113.32 |
111.24 |
| 7 |
KY ECON DEV-A-REF |
4.00% |
12/01/41 |
1.75% |
112.22 |
110.29 |
| 8 |
STEWART MANOR NY VLG |
2.00% |
08/01/33 |
1.65% |
97.33 |
95.75 |
| 9 |
WSTRN MN MUNI PWR AGY |
3.16% |
01/01/39 |
1.57% |
101.56 |
99.99 |
| 10 |
UNIV PR SYS-SER Q |
5.00% |
06/01/30 |
1.54% |
99.00 |
97.50 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
NYS DORM-F-BABS-UNREF |
5.63% |
03/15/39 |
-5.18% |
126.52 |
133.43 |
| 2 |
MIAMI-DADE CNTY AVIAT |
2.53% |
10/01/30 |
-4.62% |
94.20 |
98.76 |
| 3 |
MONTANA ST BRD OF RGT |
3.23% |
11/15/49 |
-3.99% |
100.02 |
104.17 |
| 4 |
EMERY CA USD -CABS |
0.00% |
08/01/39 |
-3.39% |
48.22 |
49.91 |
| 5 |
HARRIS CO MUD #180 |
2.63% |
03/01/43 |
-3.37% |
94.55 |
97.85 |
| 6 |
VLG CTR CDD-B-REF-TXB |
5.02% |
10/01/36 |
-3.02% |
119.62 |
123.34 |
| 7 |
BERKS CO IDA HLTH-REF |
4.00% |
11/01/47 |
-2.98% |
104.08 |
107.28 |
| 8 |
ARIZONA TRANS BD-REF |
5.00% |
07/01/25 |
-2.83% |
116.68 |
120.08 |
| 9 |
CHAFFEY CMNTY CLG DT- |
2.90% |
06/01/36 |
-2.77% |
97.38 |
100.16 |
| 10 |
NORTHSTAR SVCS CFD #1 |
5.55% |
09/01/36 |
-2.73% |
77.96 |
80.15 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 10/18/19 - 10/25/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
IL |
-52 bps |
2.43% |
2.95% |
| 2 |
MO |
-50 bps |
1.34% |
1.85% |
| 3 |
HI |
-18 bps |
2.15% |
2.34% |
| 4 |
ME |
-17 bps |
1.79% |
1.96% |
| 5 |
AK |
-17 bps |
1.88% |
2.04% |
| 6 |
NV |
-14 bps |
2.18% |
2.32% |
| 7 |
FL |
-12 bps |
2.02% |
2.15% |
| 8 |
LA |
-12 bps |
2.00% |
2.13% |
| 9 |
DC |
-8 bps |
2.06% |
2.14% |
| 10 |
TX |
-6 bps |
2.16% |
2.23% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
RI |
34 bps |
2.25% |
1.92% |
| 2 |
GA |
23 bps |
2.15% |
1.92% |
| 3 |
NC |
20 bps |
1.93% |
1.73% |
| 4 |
MA |
20 bps |
2.06% |
1.86% |
| 5 |
NJ |
18 bps |
2.20% |
2.02% |
| 6 |
CT |
17 bps |
2.22% |
2.05% |
| 7 |
CO |
15 bps |
2.20% |
2.04% |
| 8 |
OR |
12 bps |
2.14% |
2.02% |
| 9 |
SC |
10 bps |
2.10% |
2.00% |
| 10 |
KS |
8 bps |
2.26% |
2.17% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 10/18/19 - 10/25/19
- Displays the average Muni 10 year yield by state between 10/18/19 - 10/25/19 (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 10/18/19 - 10/25/19 (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 10/18/19 - 10/25/19 (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 10/18/19 - 10/25/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
NATIONAL FIN AUTH NH |
5.25% |
07/01/39 |
5 |
35 |
30 |
600% |
| 2 |
EAGLE CO SD |
5.00% |
12/01/30 |
18 |
45 |
27 |
150% |
| 3 |
HAWAII ST-FT |
5.00% |
01/01/31 |
5 |
32 |
27 |
540% |
| 4 |
E BAY MUN UTIL DT-B |
5.00% |
06/01/30 |
6 |
33 |
27 |
450% |
| 5 |
MARYLAND-A |
5.00% |
03/15/27 |
12 |
36 |
24 |
200% |
| 6 |
KY PUB ENERGY-C-1 |
4.00% |
12/01/49 |
17 |
41 |
24 |
141% |
| 7 |
NY LIBERTY-1-TRD CTR |
5.00% |
09/15/30 |
16 |
40 |
24 |
150% |
| 8 |
TX WTR DEV BRD-A |
5.00% |
10/15/31 |
4 |
26 |
22 |
550% |
| 9 |
DE ST-REF-C |
5.00% |
03/01/23 |
2 |
24 |
22 |
1100% |
| 10 |
ENERGY NW ELEC REV-A |
5.00% |
07/01/36 |
3 |
24 |
21 |
700% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 10/18/19 vs. the week ending 10/25/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
PR SALES TAX FING-A1 |
5.00% |
07/01/58 |
14 |
| 2 |
CALIFORNIA |
4.00% |
10/01/44 |
14 |
| 3 |
ARKANSAS ST DEV FIN A |
4.50% |
09/01/49 |
13 |
| 4 |
NY ST THRUWAY AUTH-B |
3.00% |
01/01/46 |
13 |
| 5 |
WASHINGTON DC MET-B |
5.00% |
07/01/36 |
13 |
| 6 |
HOUSTON-UTL SYS-B-REF |
5.00% |
11/15/36 |
12 |
| 7 |
FULTON CO DEV AUTH |
3.00% |
07/01/44 |
12 |
| 8 |
OHIO ST AIR QUALITY D |
5.00% |
07/01/49 |
11 |
| 9 |
MASSACHUSETTS ST DEPT |
5.00% |
01/01/30 |
11 |
| 10 |
OHIO ST WTR DEV AUTH |
5.00% |
12/01/38 |
11 |
- Ranks the Munis that were quoted by the highest number of dealers between 10/18/19 - 10/25/19
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