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 |
NY CONVENTN CTR-B |
0.00% |
11/15/56 |
3.54% |
34.32 |
33.15 |
| 2 |
BEAUMONT USD-C-CABS |
0.00% |
08/01/44 |
3.51% |
46.56 |
44.98 |
| 3 |
MET PIER |
0.00% |
06/15/43 |
3.37% |
49.91 |
48.28 |
| 4 |
MS ST -RECOV ZONE |
5.45% |
11/01/35 |
3.27% |
134.41 |
130.15 |
| 5 |
ALABASTER WTR BRD |
3.00% |
09/01/44 |
3.19% |
101.40 |
98.27 |
| 6 |
TARRANT CULT FACS-C |
4.45% |
11/15/43 |
3.08% |
120.74 |
117.13 |
| 7 |
MET PIER |
0.00% |
06/15/44 |
2.89% |
43.49 |
42.27 |
| 8 |
TRIBOROUGH BRIDGE-CAB |
0.00% |
11/15/31 |
2.86% |
76.04 |
73.93 |
| 9 |
S CENT CT WTR |
6.39% |
08/01/40 |
2.62% |
137.94 |
134.42 |
| 10 |
PORT AUTH OF NEW YORK |
3.29% |
08/01/69 |
2.44% |
100.36 |
97.97 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
PUERTO RICO PUB IMPT |
6.00% |
07/01/35 |
-8.13% |
66.95 |
72.88 |
| 2 |
PR COMWLTH SER A |
5.25% |
07/01/32 |
-5.88% |
72.00 |
76.50 |
| 3 |
PR PUB IMPT-SER A |
5.25% |
07/01/22 |
-5.83% |
71.75 |
76.20 |
| 4 |
EMPLOYEES RETIREMT-A |
6.15% |
07/01/38 |
-4.67% |
44.45 |
46.63 |
| 5 |
PR COMLWTH UNREF-A |
5.00% |
07/01/34 |
-4.25% |
71.78 |
74.97 |
| 6 |
AGOURA HILLS REDV-A-T |
7.24% |
10/01/28 |
-3.44% |
124.29 |
128.72 |
| 7 |
DE KALB SD #428-CABS |
0.00% |
01/01/30 |
-2.77% |
57.61 |
59.25 |
| 8 |
FORT BEND CO MUD #215 |
2.13% |
09/01/32 |
-2.44% |
94.66 |
97.03 |
| 9 |
BONITA USD-TXB-B-1 |
5.56% |
08/01/25 |
-2.35% |
114.47 |
117.23 |
| 10 |
UTAH ST MUNI PWR AGY |
2.64% |
07/01/24 |
-2.22% |
102.80 |
105.13 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 9/27/19 - 10/4/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
CT |
-42 bps |
1.88% |
2.30% |
| 2 |
MA |
-39 bps |
1.75% |
2.14% |
| 3 |
IL |
-38 bps |
2.96% |
3.34% |
| 4 |
AK |
-34 bps |
2.03% |
2.38% |
| 5 |
CO |
-31 bps |
1.88% |
2.19% |
| 6 |
NV |
-31 bps |
1.85% |
2.15% |
| 7 |
AZ |
-30 bps |
2.95% |
3.25% |
| 8 |
NY |
-26 bps |
1.98% |
2.24% |
| 9 |
NJ |
-25 bps |
1.93% |
2.18% |
| 10 |
LA |
-24 bps |
2.07% |
2.31% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
HI |
22 bps |
2.21% |
1.99% |
| 2 |
AL |
17 bps |
2.19% |
2.02% |
| 3 |
MS |
14 bps |
2.04% |
1.89% |
| 4 |
MI |
-2 bps |
2.44% |
2.45% |
| 5 |
RI |
-4 bps |
1.97% |
2.01% |
| 6 |
MN |
-4 bps |
1.79% |
1.83% |
| 7 |
IA |
-5 bps |
1.83% |
1.88% |
| 8 |
ME |
-6 bps |
1.79% |
1.85% |
| 9 |
WA |
-6 bps |
1.86% |
1.92% |
| 10 |
OH |
-6 bps |
1.97% |
2.03% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 9/27/19 - 10/4/19
- Displays the average Muni 10 year yield by state between 9/27/19 - 10/4/19 (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 9/27/19 - 10/4/19 (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 9/27/19 - 10/4/19 (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 9/27/19 - 10/4/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
MARYLAND ST-A |
4.00% |
03/15/30 |
8 |
46 |
38 |
475% |
| 2 |
SALT LAKE ARPT REV-B |
5.00% |
07/01/47 |
6 |
38 |
32 |
533% |
| 3 |
PALM BEACH SOLWST-REF |
5.00% |
10/01/26 |
4 |
33 |
29 |
725% |
| 4 |
OHIO HOSP FAC-A-REF |
5.00% |
01/01/30 |
1 |
29 |
28 |
2800% |
| 5 |
WISCONSIN ST TRANSPRT |
5.00% |
07/01/31 |
5 |
31 |
26 |
520% |
| 6 |
PLANO-REF-IMPT |
5.00% |
09/01/31 |
14 |
40 |
26 |
186% |
| 7 |
PA TPK COMM-A-1 |
5.00% |
12/01/46 |
9 |
34 |
25 |
278% |
| 8 |
CARSON CITY HOSP |
5.00% |
09/01/28 |
3 |
27 |
24 |
800% |
| 9 |
NEW YORK-A-A-1 |
4.00% |
08/01/40 |
26 |
50 |
24 |
92% |
| 10 |
IA FIN AUTH-REVOLVING |
5.00% |
08/01/33 |
5 |
28 |
23 |
460% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 9/27/19 vs. the week ending 10/4/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
TEXAS ST WTR DEV BRD |
4.00% |
10/15/44 |
17 |
| 2 |
NEW JERSEY ST TRANSPR |
3.25% |
06/15/39 |
14 |
| 3 |
PR SALES TAX FING-A1 |
5.00% |
07/01/58 |
14 |
| 4 |
ATLANTA ARPT REV-D |
4.00% |
07/01/39 |
12 |
| 5 |
PR SALES TAX FING-A1 |
0.00% |
07/01/51 |
12 |
| 6 |
PR SALES TAX FING-A1 |
4.75% |
07/01/53 |
12 |
| 7 |
CALIFORNIA ST-REF |
5.00% |
04/01/28 |
12 |
| 8 |
PR SALES TAX FING-A1 |
0.00% |
07/01/46 |
12 |
| 9 |
RESTRUCTURED-SER A-2 |
4.33% |
07/01/40 |
12 |
| 10 |
MARYLAND ST-A |
4.00% |
03/15/30 |
11 |
- Ranks the Munis that were quoted by the highest number of dealers between 9/27/19 - 10/4/19
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