Solve Advisors Municipal Bond Market Summaries

  

Municipal Bond Market Summary - Week Ending 11/1/19

Michael Pellerito, November 04, 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 COMWLTH-IMPT-A 5.25% 07/01/24 5.42% 76.96 73.00
2 OH TPK COMMN-A-BHAC-C 5.50% 02/15/24 5.35% 122.59 116.37
3 MI TECH UNIV-A-BAB 6.44% 10/01/29 3.93% 126.56 121.77
4 GRAND RAPIDS SAN-A-BA 6.72% 01/01/41 3.02% 151.83 147.37
5 TWENTYNINE REDEV-A 4.25% 09/01/42 2.79% 110.60 107.59
6 KANE CO SD #131-B 4.15% 06/01/41 2.61% 110.97 108.14
7 MET TRN AUTH-A2-BABS 6.09% 11/15/40 2.12% 139.16 136.28
8 METRO TRANSP AUTH-A1 3.00% 11/15/34 2.07% 104.83 102.70
9 KING CO HSG AUTH 3.00% 11/01/39 2.04% 101.31 99.29
10 KS ST DEV EMPLOYEES-C 5.50% 05/01/34 1.99% 127.50 125.02
TOP 10 BOND LOSERS
Rank Bond Name Coupon Maturity Chg Price Price - 1W
1 PR ELEC SER TT 5.00% 07/01/25 -10.47% 70.06 78.25
2 ROSEMEAD-A-REF 3.13% 08/01/43 -4.90% 94.25 99.11
3 SAN MATEO SD-A-CABS 0.00% 09/01/33 -4.61% 95.28 99.88
4 FORT BEND CO MUD #134 2.63% 09/01/41 -4.38% 91.83 96.04
5 EMPLOYEES RETIREMT-A 6.15% 07/01/38 -2.89% 42.10 43.35
6 LAWRENCEBURG TN -B 2.13% 06/01/33 -2.75% 96.31 99.03
7 KINGS PARK CSD 2.00% 09/01/34 -2.68% 94.20 96.79
8 BERKS CO IDA HLTH-REF 3.75% 11/01/42 -2.67% 102.44 105.25
9 FAIRVIEW HGTS 3.50% 12/01/43 -2.59% 104.24 107.01
10 PA TURNPIKE COMM -A-1 5.00% 12/01/26 -2.51% 118.40 121.45
  •  Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 10/25/19 - 11/1/19
TOP 10 STATE WINNERS
Rank State Name Chg Yld Yld - 1W
1 GA -29 bps 1.72% 2.02%
2 SC -14 bps 1.99% 2.12%
3 HI -11 bps 2.15% 2.26%
4 CO -10 bps 2.02% 2.12%
5 WI -9 bps 2.18% 2.27%
6 VA -8 bps 1.92% 2.00%
7 MN -8 bps 2.03% 2.11%
8 MS -7 bps 2.18% 2.25%
9 KY -6 bps 2.43% 2.50%
10 OR -6 bps 2.09% 2.15%
TOP 10 STATE LOSERS
Rank State Name Chg Yld Yld - 1W
1 MO 88 bps 2.24% 1.36%
2 AZ 74 bps 2.77% 2.03%
3 IL 58 bps 3.08% 2.50%
4 LA 34 bps 2.36% 2.02%
5 IN 31 bps 2.50% 2.19%
6 NV 21 bps 2.42% 2.21%
7 MT 18 bps 2.03% 1.85%
8 KS 15 bps 2.34% 2.19%
9 MI 13 bps 2.46% 2.34%
10 ME 12 bps 1.92% 1.80%
  •  Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 10/25/19 - 11/1/19

 

 10 Yr Yield by State - All
  • Displays the average Muni 10 year yield by state between 10/25/19 - 11/1/19 (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 10/25/19 - 11/1/19 (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 10/25/19 - 11/1/19 (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 10/25/19 - 11/1/19
TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK
RANK TRANCHE COUPON MATURITY

PRIOR WEEK

THIS WEEK

INCREASE % INCREASE
1 CA EDU FACS AUTH-U6 5.00% 05/01/45 4 46 42 1050%
2 HONOLULU CO-B-REF 5.00% 10/01/29 6 45 39 650%
3 LOS ANGELES REDEV-C 5.25% 12/01/25 12 45 33 275%
4 OR HSG AND CMNTY-D 4.75% 01/01/50 5 37 32 640%
5 PA TPK COMM-A-SUB-1 5.25% 12/01/45 8 39 31 388%
6 WI HEALTH & EDUCATION 5.00% 04/01/25 7 35 28 400%
7 NEW YORK CITY-C-REF 5.00% 08/01/27 5 30 25 500%
8 MINNESOTA ST-B 5.00% 08/01/24 5 30 25 500%
9 OREGON ST DEPT OF ADM 5.00% 04/01/29 7 32 25 357%
10 DASNY-REV-A-GRP 4-REF 5.00% 03/15/45 30 54 24 80%
  • Exhibits the Munis with the largest increase in quote volume for the week ending 10/25/19 vs. the week ending 11/1/19
MOST QUOTED MUNIS
RANK TRANCHE COUPON MATURITY DEALERS
1 NY ST THRUWAY AUTH-B 3.00% 01/01/46 20
2 COLUMBUS OH 5.00% 04/01/36 15
3 CA EDU FACS AUTH-U6 5.00% 05/01/45 14
4 CHARLESTON CO SC-B 5.00% 11/01/30 14
5 COLUMBUS OH 5.00% 04/01/38 14
6 CALIFORNIA 5.00% 10/01/27 14
7 WASHINGTON DC MET-B 5.00% 07/01/36 13
8 NY ST THRUWAY AUTH-B 4.00% 01/01/50 13
9 NEW YORK NY-B-1 3.00% 10/01/44 13
10 INDIANA FIN AUTH 5.00% 02/01/28 13
  • Ranks the Munis that were quoted by the highest number of dealers between 10/25/19 - 11/1/19

 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.