Solve Advisors Municipal Bond Market Summaries

  

Municipal Bond Market Summary - Week Ending 11/15/19

Michael Pellerito, November 18, 2019

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 PR ELEC 4.25% 07/01/20 6.31% 70.63 66.44
2 MIAMI-DADE CNTY AVIAT 2.53% 10/01/30 3.18% 96.99 94.00
3 TWENTYNINE REDEV-A 4.25% 09/01/42 3.18% 109.45 106.08
4 SAN BERNARDINO CLG-C 7.63% 08/01/44 3.16% 166.22 161.12
5 MORRISTOWN-B 2.75% 06/01/39 3.04% 99.96 97.01
6 GOLDEN VY USD-B 0.00% 08/01/33 2.94% 69.16 67.18
7 CHICAGO-B-BAM 7.52% 01/01/40 2.38% 144.57 141.20
8 SUFFOLK CNTY NY WTR A 3.00% 06/01/39 2.32% 104.08 101.72
9 CO COPS-TXB-B 6.25% 09/15/29 2.20% 124.43 121.75
10 NORTH EAST ISD 5.00% 08/01/31 2.10% 127.23 124.61
TOP 10 BOND LOSERS
Rank Bond Name Coupon Maturity Chg Price Price - 1W
1 NYC FIN-TXB-S-1B-BABS 6.83% 07/15/40 -4.97% 132.98 139.93
2 PR PUB IMPT-SER A 5.25% 07/01/26 -4.01% 73.79 76.87
3 CA PUB WKS-G2-BABS 8.36% 10/01/34 -2.85% 152.03 156.49
4 RIALTO REDEV-TXB-B 7.50% 09/01/23 -2.72% 113.84 117.02
5 SUMTER BOE-REF 3.75% 02/01/39 -2.52% 106.47 109.23
6 ALLEGHENY HOSP-CHILDR 5.30% 07/01/26 -2.50% 116.01 118.98
7 SAN FRANCISCO WTR-BAB 6.95% 11/01/50 -2.30% 156.79 160.48
8 NYC TRANS FIN-C-REF 5.00% 11/01/30 -2.11% 122.32 124.96
9 NEW ORLEANS-A-TXBL 4.25% 12/01/44 -2.10% 104.27 106.50
10 MA DEV FIN AGY-A 5.00% 07/15/40 -2.00% 143.86 146.80
  •  Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 11/8/19 - 11/15/19
TOP 10 STATE WINNERS
Rank State Name Chg Yld Yld - 1W
1 ME -45 bps 1.77% 2.22%
2 NE -27 bps 2.16% 2.43%
3 GA -24 bps 1.88% 2.11%
4 IN -21 bps 2.67% 2.88%
5 IA -21 bps 1.94% 2.15%
6 AZ -19 bps 2.75% 2.94%
7 CO -18 bps 2.11% 2.30%
8 NV -17 bps 2.06% 2.23%
9 FL -17 bps 2.06% 2.23%
10 WI -15 bps 2.23% 2.37%
TOP 10 STATE LOSERS
Rank State Name Chg Yld Yld - 1W
1 HI 40 bps 2.44% 2.04%
2 AR 15 bps 2.73% 2.58%
3 KS 15 bps 2.40% 2.25%
4 NC 11 bps 2.13% 2.02%
5 OH 8 bps 2.33% 2.25%
6 CT 8 bps 2.36% 2.28%
7 PA 4 bps 2.49% 2.44%
8 MI 3 bps 2.67% 2.63%
9 CA 3 bps 2.34% 2.31%
10 MS 0 bps 2.39% 2.38%
  •  Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 11/8/19 - 11/15/19

 

 10 Yr Yield by State - All
  • Displays the average Muni 10 year yield by state between 11/8/19 - 11/15/19 (General Obligation and Revenue Bonds)
    • Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories

 

10 Yr Yield by State - Go

  • Displays the average Muni 10 year yield by state between 11/8/19 - 11/15/19 (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 11/8/19 - 11/15/19 (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 11/8/19 - 11/15/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE COUPON MATURITY

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 FRISCO TX INDEP SCH D 5.00% 08/15/32 7 42 35 500%
2 ILLINOIS FIN AUTH 5.00% 12/01/26 32 63 31 97%
3 OHIO ST -A-COMMON SCH 5.00% 06/15/26 7 35 28 400%
4 NY ST HSG FIN AGY-H 2.75% 11/01/22 8 34 26 325%
5 MISSOURI ST HLTH & ED 5.00% 06/01/27 3 27 24 800%
6 PORT AUTH OF NEW YORK 5.00% 09/01/34 4 26 22 550%
7 MET WASHINGTON ARPT 5.00% 10/01/32 6 28 22 367%
8 JOHNSON CO PUB BLDG-A 5.00% 09/01/25 33 55 22 67%
9 WEST CHESTER ASD 4.00% 05/15/35 3 24 21 700%
10 GLENDALE ELEC-REF 5.00% 02/01/22 9 30 21 233%
  • Exhibits the Munis with the largest increase in quote volume for the week ending 11/8/19 vs. the week ending 11/15/19
MOST QUOTED MUNIS
RANK TRANCHE COUPON MATURITY DEALERS
1 NJ ECON DEV AUTH 4.00% 06/15/35 15
2 CA EDU FACS AUTH-U6 5.00% 05/01/45 14
3 ARKANSAS ST DEV FIN A 4.50% 09/01/49 13
4 HOUSTON-UTL SYS-B-REF 5.00% 11/15/36 13
5 ILLINOIS FIN AUTH 5.00% 12/01/26 13
6 NJ ECON DEV AUTH 5.00% 06/15/34 13
7 ATLANTA ARPT REV-D 4.00% 07/01/37 12
8 NJ ECON DEV AUTH 5.00% 06/15/34 12
9 OHIO ST AIR QUALITY D 5.00% 07/01/49 11
10 CAPE FEAR PUB UTL AUT 5.00% 08/01/27 11
  • Ranks the Munis that were quoted by the highest number of dealers between 11/8/19 - 11/15/19

 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.