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 PUB IMPT-SER A |
5.25% |
07/01/24 |
4.90% |
76.50 |
72.92 |
| 2 |
DENAIR USD-CABS |
0.00% |
08/01/43 |
3.70% |
48.97 |
47.22 |
| 3 |
OHIO ST UNIV-TXBL-A |
3.80% |
12/01/46 |
2.72% |
116.02 |
112.95 |
| 4 |
PHILA SD-A-QSCB |
6.00% |
09/01/30 |
2.66% |
126.55 |
123.27 |
| 5 |
CA MUNI FIN AUTH-A |
5.00% |
06/01/35 |
2.62% |
122.78 |
119.65 |
| 6 |
BAY AREA TOLL AUTH-F1 |
5.00% |
04/01/54 |
2.55% |
116.85 |
113.95 |
| 7 |
MUNI ELEC AUTH OF GA |
4.00% |
01/01/49 |
2.51% |
107.04 |
104.42 |
| 8 |
CA MUNI FIN AUTH-A |
5.00% |
06/01/33 |
2.51% |
123.29 |
120.27 |
| 9 |
MUNI ELEC AUTH OF GEO |
4.00% |
01/01/49 |
2.49% |
105.62 |
103.05 |
| 10 |
JEFFERSON UN HSD |
4.65% |
08/01/49 |
2.49% |
109.04 |
106.39 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
PR ELEC-WW |
5.50% |
07/01/18 |
-5.57% |
74.60 |
79.00 |
| 2 |
NC EASTN TXB-REF-B |
6.55% |
01/01/24 |
-3.69% |
109.51 |
113.71 |
| 3 |
PUB FIN-MFH-A |
5.25% |
06/01/47 |
-3.47% |
93.11 |
96.46 |
| 4 |
GOLDEN VY USD-B |
0.00% |
08/01/33 |
-3.27% |
68.07 |
70.37 |
| 5 |
CHICAGO BRD OF ED |
6.52% |
12/01/40 |
-2.89% |
111.43 |
114.75 |
| 6 |
CA UNIV REVENUE-A-REF |
5.00% |
11/01/35 |
-2.87% |
123.78 |
127.44 |
| 7 |
PURDUE UNIV |
5.25% |
07/01/29 |
-2.80% |
130.03 |
133.78 |
| 8 |
CO ST HLTH FACS AUTH |
5.00% |
08/01/36 |
-2.61% |
121.78 |
125.05 |
| 9 |
NEW YORK ST URBAN DEV |
3.32% |
03/15/29 |
-2.51% |
106.16 |
108.90 |
| 10 |
NEW YORK CITY TRANS |
2.80% |
02/01/26 |
-2.48% |
103.17 |
105.79 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 9/20/19 - 9/27/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
GA |
-26 bps |
1.97% |
2.23% |
| 2 |
AK |
-23 bps |
2.44% |
2.66% |
| 3 |
AL |
-20 bps |
2.04% |
2.24% |
| 4 |
MN |
-15 bps |
1.83% |
1.98% |
| 5 |
IA |
-13 bps |
1.99% |
2.12% |
| 6 |
MD |
-11 bps |
2.07% |
2.19% |
| 7 |
KS |
-10 bps |
2.40% |
2.50% |
| 8 |
WA |
-7 bps |
1.95% |
2.01% |
| 9 |
HI |
-6 bps |
2.03% |
2.09% |
| 10 |
MS |
-6 bps |
2.02% |
2.08% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
RI |
25 bps |
2.10% |
1.85% |
| 2 |
CO |
21 bps |
2.22% |
2.01% |
| 3 |
AR |
17 bps |
2.47% |
2.31% |
| 4 |
MA |
11 bps |
2.09% |
1.98% |
| 5 |
WI |
10 bps |
2.11% |
2.02% |
| 6 |
NY |
9 bps |
2.24% |
2.15% |
| 7 |
CT |
6 bps |
2.29% |
2.24% |
| 8 |
UT |
4 bps |
2.30% |
2.26% |
| 9 |
NJ |
2 bps |
2.19% |
2.17% |
| 10 |
AZ |
1 bps |
3.25% |
3.24% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 9/20/19 - 9/27/19
- Displays the average Muni 10 year yield by state between 9/20/19 - 9/27/19 (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 9/20/19 - 9/27/19 (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 9/20/19 - 9/27/19 (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 9/20/19 - 9/27/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
GUILFORD CO-B |
5.00% |
05/01/29 |
9 |
45 |
36 |
400% |
| 2 |
LEANDER ISD-C-CABS |
0.00% |
08/15/49 |
9 |
45 |
36 |
400% |
| 3 |
NEW YORK CITY NY TRAN |
5.00% |
05/01/33 |
3 |
36 |
33 |
1100% |
| 4 |
HAWAII ST |
5.00% |
10/01/31 |
4 |
36 |
32 |
800% |
| 5 |
MI ST FIN AUTH |
5.00% |
11/15/36 |
3 |
34 |
31 |
1033% |
| 6 |
JEFFERSON CO SD R-1 |
4.00% |
12/15/35 |
7 |
36 |
29 |
414% |
| 7 |
MA DEV FIN AGY-REF |
5.00% |
10/01/57 |
22 |
50 |
28 |
127% |
| 8 |
MA ST DEV FIN-F--REF |
5.00% |
08/15/40 |
2 |
30 |
28 |
1400% |
| 9 |
MARYLAND ST-2ND SER A |
5.00% |
08/01/31 |
7 |
32 |
25 |
357% |
| 10 |
PORT AUTH OF NEW YORK |
5.00% |
09/01/37 |
11 |
35 |
24 |
218% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 9/20/19 vs. the week ending 9/27/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
MET TRANSPRTN AUTH NY |
5.00% |
11/15/37 |
13 |
| 2 |
NEW YORK ST DORM AUTH |
5.00% |
03/15/36 |
12 |
| 3 |
ATLANTA ARPT REV-D |
4.00% |
07/01/39 |
12 |
| 4 |
CO ST HLTH FACS AUTH |
3.25% |
08/01/49 |
12 |
| 5 |
FAIRFAX INDL DEV-B2 |
5.00% |
05/15/57 |
11 |
| 6 |
PR SALES TAX FING-A1 |
5.00% |
07/01/58 |
11 |
| 7 |
PHILADELPHIA PA HOSPS |
5.00% |
07/01/29 |
11 |
| 8 |
CALIFORNIA |
4.00% |
10/01/39 |
11 |
| 9 |
KILLEEN ISD |
4.00% |
02/15/36 |
11 |
| 10 |
WASHINGTON ST-2020A |
5.00% |
08/01/35 |
11 |
- Ranks the Munis that were quoted by the highest number of dealers between 9/20/19 - 9/27/19
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