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
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.