Solve Advisors Municipal Bond Market Summaries

  

Municipal Bond Market Summary - Week Ending 1/31/20

Michael Pellerito, February 03, 2020

Subscribe to Solve's Market Summaries Request a Free Trial of SolveQuotes


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.  

  1. Top 10 Muni Bond Winners & Losers
  2. Top 10 Muni State Winners & Losers
  3. 10 Yr Yield by State - All Muni
  4. 10 Yr Yield by State - GO Only
  5. 10 Yr Yield by State - REV Only 
  6. Market Sentiment
  7. Top Quote Volume Movers
  8. Most Quoted Municipal Bonds

 

TOP 10 BOND WINNERS
Rank Bond Name Coupon Maturity Chg Price Price - 1W
1 COOK SD #163-A-QSCB 5.19% 12/15/41 10.09% 129.29 117.44
2 BASSETT USD-CABS-C 0.00% 08/01/43 8.82% 51.50 47.32
3 MET PIER-B-CABS-BAM 0.00% 12/15/51 8.43% 38.11 35.14
4 UNIV OF VA-C-TXBL 4.18% 09/01/17 6.87% 128.96 120.67
5 PR BLDGS GVTS-SER Q 5.63% 07/01/39 6.45% 95.50 89.71
6 UNIV OF DELAWARE DE 4.22% 11/01/58 6.17% 127.62 120.21
7 PA HSG FIN AGY-128B 4.00% 10/01/47 5.85% 110.48 104.38
8 MET PIER & EXPO-AGM-A 0.00% 12/15/56 5.66% 32.81 31.05
9 CENT VLY SUPPORT-QSCB 6.08% 09/01/29 5.64% 127.01 120.22
10 REGENTS UNIV 5.77% 05/15/43 5.45% 140.43 133.17
TOP 10 BOND LOSERS
Rank Bond Name Coupon Maturity Chg Price Price - 1W
1 SYRACUSE INDL DEV AGY 5.00% 01/01/36 -2.65% 102.69 105.49
2 PR HWY/TRN-CC-REF 5.25% 07/01/36 -1.74% 113.18 115.19
3 CAPITAL TRUST AGY FL 7.50% 06/01/48 -1.59% 108.22 109.97
4 PR ELEC PWR AUTH-A 6.75% 07/01/36 -1.59% 83.94 85.29
5 KS CITY OBLG-REF-D 7.83% 04/01/40 -1.54% 141.65 143.87
6 UNIV NC-C-REF-TXBL 3.60% 12/01/33 -1.50% 109.77 111.44
7 CALIFORNIA ST 4.13% 05/01/44 -1.32% 109.45 110.92
8 BEXAR HOSP-BABS 5.41% 02/15/40 -1.32% 100.41 101.75
9 HARRIS CO MUD #450 4.00% 09/01/28 -1.09% 111.61 112.85
10 MIDTOWN DEV AUTH -REF 5.00% 01/01/26 -1.08% 119.83 121.14
  •  Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 1/24/20 - 1/31/20
TOP 10 STATE WINNERS
Rank State Name Chg Yld Yld - 1W
1 ME -52 bps 1.49% 2.01%
2 MO -32 bps 1.78% 2.10%
3 GA -24 bps 1.84% 2.08%
4 OH -22 bps 1.86% 2.08%
5 VA -20 bps 1.78% 1.98%
6 IA -19 bps 1.77% 1.95%
7 IL -19 bps 2.86% 3.05%
8 AL -17 bps 1.72% 1.89%
9 NV -17 bps 1.84% 2.01%
10 LA -17 bps 1.85% 2.02%
TOP 10 STATE LOSERS
Rank State Name Chg Yld Yld - 1W
1 UT 30 bps 2.21% 1.91%
2 DC 14 bps 2.13% 1.99%
3 TN 7 bps 1.89% 1.82%
4 MN 5 bps 1.83% 1.78%
5 PA 2 bps 2.00% 1.97%
6 NY 1 bps 1.97% 1.96%
7 AZ 0 bps 2.32% 2.32%
8 MA -1 bps 1.69% 1.70%
9 OR -5 bps 1.80% 1.85%
10 CT -5 bps 2.20% 2.26%
  •  Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 1/24/20 - 1/31/20

 

 10 Yr Yield by State - All
  • Displays the average Muni 10 year yield by state between 1/24/20 - 1/31/20 (General Obligation and Revenue Bonds)
    • Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories

 

10 Yr Yield by State - Go

  • Displays the average Muni 10 year yield by state between 1/24/20 - 1/31/20 (General Obligation Bonds only)
    • Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories

10 Yr Yield by State - Rev

  • Displays the average Muni 10 year yield by state between 1/24/20 - 1/31/20 (Revenue Bonds only)
    • Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories

 Muni Market Sentiment - Advancers vs. Decliners

  • Reveals the percent of Muni bonds increasing in price (Advancers) vs. decreasing in price (Decliners) between 1/24/20 - 1/31/20
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE COUPON MATURITY

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 CT HLTH & EDUCTNL FAC 5.00% 07/01/29 2 40 38 1900%
2 WILLIAMSON CO TN 4.00% 04/01/32 1 34 33 3300%
3 HAZELWOOD SD-A-REF 4.00% 03/01/28 17 47 30 176%
4 BRUSHY CREEK REGL 4.00% 08/01/36 6 35 29 483%
5 HARRIS CO FLOOD-REF 5.00% 10/01/26 30 59 29 97%
6 DELAWARE MUNI ELEC-B 3.41% 10/01/24 1 28 27 2700%
7 ILLINOIS ST-C 4.00% 11/01/42 11 38 27 245%
8 GLENDALE PPTY CORP-C 4.00% 07/01/38 14 40 26 186%
9 FLORIDA BOE-PECO-REF 4.00% 06/01/30 5 31 26 520%
10 CUYAHOGA CO SLS TAX-A 5.00% 01/01/28 7 32 25 357%
  • Exhibits the Munis with the largest increase in quote volume for the week ending 1/24/20 vs. the week ending 1/31/20
MOST QUOTED MUNIS
RANK TRANCHE COUPON MATURITY DEALERS
1 ILLINOIS ST-D 5.00% 11/01/26 15
2 DASNY-REV-A-GRP 4-REF 5.00% 03/15/44 15
3 WASHINGTON ST-2020A 5.00% 08/01/40 14
4 WELD CO SCH DIST #6 5.00% 12/01/38 14
5 MONTGOMERY CNTY PA HG 5.00% 09/01/33 14
6 WASHINGTON ST-2020A 5.00% 08/01/38 13
7 NEW YORK NY-B-1 3.00% 10/01/44 13
8 LOS ANGELES CA DEPT O 5.00% 05/15/34 12
9 KLEIN ISD -REF 5.00% 02/01/36 12
10 PHOENIX CIVIC IMPT CO 5.00% 07/01/32 12
  • Ranks the Munis that were quoted by the highest number of dealers between 1/24/20 - 1/31/20

 Want free access to Solve's Real-Time Market Data and trends within the market for Municipal Bonds?

 Request a Free Trial of SolveQuotes

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.