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 COMWLTH SER A |
5.00% |
07/01/18 |
4.48% |
73.89 |
70.72 |
| 2 |
PR COMWLTH UNREF-A |
5.00% |
07/01/34 |
2.79% |
74.12 |
72.11 |
| 3 |
BRUNSWICK SD-TXB-A-FA |
6.38% |
12/01/26 |
2.37% |
119.36 |
116.60 |
| 4 |
STHRN CA |
5.00% |
11/01/33 |
2.28% |
131.05 |
128.14 |
| 5 |
JEA ELEC-TXB-3-E-BABS |
5.35% |
10/01/30 |
2.26% |
120.39 |
117.73 |
| 6 |
OHIO ST UNIV-TXBL-A |
3.80% |
12/01/46 |
1.87% |
113.32 |
111.24 |
| 7 |
KY ECON DEV-A-REF |
4.00% |
12/01/41 |
1.75% |
112.22 |
110.29 |
| 8 |
STEWART MANOR NY VLG |
2.00% |
08/01/33 |
1.65% |
97.33 |
95.75 |
| 9 |
WSTRN MN MUNI PWR AGY |
3.16% |
01/01/39 |
1.57% |
101.56 |
99.99 |
| 10 |
UNIV PR SYS-SER Q |
5.00% |
06/01/30 |
1.54% |
99.00 |
97.50 |
| TOP 10 BOND LOSERS |
| Rank |
Bond Name |
Coupon |
Maturity |
Chg |
Price |
Price - 1W |
| 1 |
NYS DORM-F-BABS-UNREF |
5.63% |
03/15/39 |
-5.18% |
126.52 |
133.43 |
| 2 |
MIAMI-DADE CNTY AVIAT |
2.53% |
10/01/30 |
-4.62% |
94.20 |
98.76 |
| 3 |
MONTANA ST BRD OF RGT |
3.23% |
11/15/49 |
-3.99% |
100.02 |
104.17 |
| 4 |
EMERY CA USD -CABS |
0.00% |
08/01/39 |
-3.39% |
48.22 |
49.91 |
| 5 |
HARRIS CO MUD #180 |
2.63% |
03/01/43 |
-3.37% |
94.55 |
97.85 |
| 6 |
VLG CTR CDD-B-REF-TXB |
5.02% |
10/01/36 |
-3.02% |
119.62 |
123.34 |
| 7 |
BERKS CO IDA HLTH-REF |
4.00% |
11/01/47 |
-2.98% |
104.08 |
107.28 |
| 8 |
ARIZONA TRANS BD-REF |
5.00% |
07/01/25 |
-2.83% |
116.68 |
120.08 |
| 9 |
CHAFFEY CMNTY CLG DT- |
2.90% |
06/01/36 |
-2.77% |
97.38 |
100.16 |
| 10 |
NORTHSTAR SVCS CFD #1 |
5.55% |
09/01/36 |
-2.73% |
77.96 |
80.15 |
- Showcases the top 10 Muni Bond "Winners" and "Losers" based on price movements between 10/18/19 - 10/25/19
| TOP 10 STATE WINNERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
IL |
-52 bps |
2.43% |
2.95% |
| 2 |
MO |
-50 bps |
1.34% |
1.85% |
| 3 |
HI |
-18 bps |
2.15% |
2.34% |
| 4 |
ME |
-17 bps |
1.79% |
1.96% |
| 5 |
AK |
-17 bps |
1.88% |
2.04% |
| 6 |
NV |
-14 bps |
2.18% |
2.32% |
| 7 |
FL |
-12 bps |
2.02% |
2.15% |
| 8 |
LA |
-12 bps |
2.00% |
2.13% |
| 9 |
DC |
-8 bps |
2.06% |
2.14% |
| 10 |
TX |
-6 bps |
2.16% |
2.23% |
| TOP 10 STATE LOSERS |
| Rank |
State Name |
Chg |
Yld |
Yld - 1W |
| 1 |
RI |
34 bps |
2.25% |
1.92% |
| 2 |
GA |
23 bps |
2.15% |
1.92% |
| 3 |
NC |
20 bps |
1.93% |
1.73% |
| 4 |
MA |
20 bps |
2.06% |
1.86% |
| 5 |
NJ |
18 bps |
2.20% |
2.02% |
| 6 |
CT |
17 bps |
2.22% |
2.05% |
| 7 |
CO |
15 bps |
2.20% |
2.04% |
| 8 |
OR |
12 bps |
2.14% |
2.02% |
| 9 |
SC |
10 bps |
2.10% |
2.00% |
| 10 |
KS |
8 bps |
2.26% |
2.17% |
- Showcases the top 10 Muni State "Winners" and "Losers" based on yield movements between 10/18/19 - 10/25/19
- Displays the average Muni 10 year yield by state between 10/18/19 - 10/25/19 (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 10/18/19 - 10/25/19 (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 10/18/19 - 10/25/19 (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 10/18/19 - 10/25/19
| TOP QUOTE VOLUME MOVERS: THIS WEEK vs LAST WEEK |
| RANK |
TRANCHE |
COUPON |
MATURITY |
PRIOR WEEK
|
THIS WEEK
|
INCREASE |
% INCREASE |
| 1 |
NATIONAL FIN AUTH NH |
5.25% |
07/01/39 |
5 |
35 |
30 |
600% |
| 2 |
EAGLE CO SD |
5.00% |
12/01/30 |
18 |
45 |
27 |
150% |
| 3 |
HAWAII ST-FT |
5.00% |
01/01/31 |
5 |
32 |
27 |
540% |
| 4 |
E BAY MUN UTIL DT-B |
5.00% |
06/01/30 |
6 |
33 |
27 |
450% |
| 5 |
MARYLAND-A |
5.00% |
03/15/27 |
12 |
36 |
24 |
200% |
| 6 |
KY PUB ENERGY-C-1 |
4.00% |
12/01/49 |
17 |
41 |
24 |
141% |
| 7 |
NY LIBERTY-1-TRD CTR |
5.00% |
09/15/30 |
16 |
40 |
24 |
150% |
| 8 |
TX WTR DEV BRD-A |
5.00% |
10/15/31 |
4 |
26 |
22 |
550% |
| 9 |
DE ST-REF-C |
5.00% |
03/01/23 |
2 |
24 |
22 |
1100% |
| 10 |
ENERGY NW ELEC REV-A |
5.00% |
07/01/36 |
3 |
24 |
21 |
700% |
- Exhibits the Munis with the largest increase in quote volume for the week ending 10/18/19 vs. the week ending 10/25/19
| MOST QUOTED MUNIS |
| RANK |
TRANCHE |
COUPON |
MATURITY |
DEALERS |
| 1 |
PR SALES TAX FING-A1 |
5.00% |
07/01/58 |
14 |
| 2 |
CALIFORNIA |
4.00% |
10/01/44 |
14 |
| 3 |
ARKANSAS ST DEV FIN A |
4.50% |
09/01/49 |
13 |
| 4 |
NY ST THRUWAY AUTH-B |
3.00% |
01/01/46 |
13 |
| 5 |
WASHINGTON DC MET-B |
5.00% |
07/01/36 |
13 |
| 6 |
HOUSTON-UTL SYS-B-REF |
5.00% |
11/15/36 |
12 |
| 7 |
FULTON CO DEV AUTH |
3.00% |
07/01/44 |
12 |
| 8 |
OHIO ST AIR QUALITY D |
5.00% |
07/01/49 |
11 |
| 9 |
MASSACHUSETTS ST DEPT |
5.00% |
01/01/30 |
11 |
| 10 |
OHIO ST WTR DEV AUTH |
5.00% |
12/01/38 |
11 |
- Ranks the Munis that were quoted by the highest number of dealers between 10/18/19 - 10/25/19
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.
