Municipals

GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX.  LEARN MORE

Municipal Bond Market Summary:
Week Ending 8/6/24

Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.

Top 10 Performers

Showcases the top 10 Muni Bond performers based on price movements between 8/30/24-9/6/24

RANK BOND NAME COUPON MATURITY CHANGE PRC PRC-1W DEALERS
1 UNIV CA TAXABLE-GEN- 4.858% 05/15/12 4.10% 98.21 94.35 7
2 NORTHUMBERLAND CO 3.000% 12/01/29 4.04% 100.18 96.29 2
3 UNIV OF CALIFORNIA CA 3.706% 05/15/20 3.97% 74.19 71.36 8
4 UNIV OF HAWAII-A 3.203% 10/01/40 3.55% 83.84 80.97 4
5 UNIV OF FL DORM-A-BAM 3.000% 07/01/51 3.18% 80.56 78.08 4
6 UNIV OF MICHIGAN-A 4.454% 04/01/22 3.15% 91.88 89.07 9
7 FOOTHILL ESTRN TRANSP 4.094% 01/15/49 3.14% 90.27 87.52 9
8 RUTGERS UNIV-P-TXBL 3.915% 05/01/19 3.04% 78.88 76.55 8
9 MAMARONECK TWN 2.000% 08/01/32 2.97% 91.06 88.44 4
10 HAWAII ST ARPTS SYS C 3.140% 07/01/47 2.93% 80.15 77.86 4

Bottom 10 Performers

Showcases the bottom 10 Muni Bond performers based on price movements between 8/30/24-9/6/24

RANK BOND NAME COUPON MATURITY CHANGE PRC PRC-1W DEALERS
1 OK NORMED 5.00 09/01/2045 5.000% 09/01/45 -2.50% 97.50 100.00 3
2 CA BTWSCD 5.25 08/01/2052 5.250% 08/01/52 -2.31% 108.41 110.97 2
3 TX SANUTL 3.00 02/01/2037 3.000% 02/01/37 -2.26% 92.85 94.99 12
4 DC METAPT 4.00 10/01/2053 4.000% 10/01/53 -2.16% 97.25 99.40 2
5 TX RKWSCD 4.00 02/15/2049 4.000% 02/15/49 -2.08% 96.93 99.00 8
6 GA COBDEV 3.00 07/15/2036 3.000% 07/15/36 -1.93% 90.63 92.40 9
7 TX HARWTR 5.25 10/01/2037 5.250% 10/01/37 -1.87% 113.88 116.05 2
8 TX NRTTRN 5.00 01/01/2048 5.000% 01/01/48 -1.86% 103.49 105.46 2
9 PA MONHGR 4.25 04/01/2035 4.250% 04/01/35 -1.83% 96.17 97.96 2
10 PA PHIDEV 6.35 04/15/2028 6.350% 04/15/28 -1.82% 104.67 106.61 5

Top 10 State Performers

Showcases the top 10 Muni State performers based on yield movements between 8/30/24-9/6/24

RANK STATE CHANGE YLD YLD-1W
1 OK -26 bps 2.90% 3.16%
2 NH -19 bps 3.30% 3.50%
3 NY -19 bps 3.46% 3.65%
4 DC -17 bps 3.29% 3.45%
5 CA -16 bps 3.35% 3.52%
6 GA -16 bps 3.24% 3.40%
7 AZ -16 bps 3.38% 3.54%
8 AL -15 bps 3.48% 3.63%
9 UT -15 bps 3.18% 3.32%
10 WV -14 bps 3.62% 3.76%

Bottom 10 State Performers

Showcases the bottom 10 Muni State performers based on yield movements between 8/30/24-9/6/24

RANK STATE CHANGE YLD YLD-1W
1 MD 5 bps 3.38% 3.34%
2 SD 4 bps 3.88% 3.85%
3 ME 2 bps 3.60% 3.57%
4 RI 0 bps 3.27% 3.27%
5 NC 0 bps 3.14% 3.14%
6 NJ 0 bps 3.63% 3.63%
7 AK 0 bps 3.68% 3.68%
8 KS 0 bps 3.59% 3.59%
9 OH -1 bps 3.52% 3.54%
10 CO -2 bps 3.60% 3.61%

10 Year Yield by State – All

Displays the average Muni 10 year yield by state between 8/30/24-9/6/24 (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 Year Yield by State – GO Only

Displays the average Muni 10 year yield by state between 8/30/24-9/6/24 (General Obligation Bonds only)

Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories

10 Year Yield by State – Rev Only

Displays the average Muni 10 year yield by state between 8/30/24-9/6/24 (Revenue Bonds only)

Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories

Sentiment

Reveals the percent of Muni bonds increasing in price (advancers) vs. decreasing in price (decliners) between 8/30/24-9/6/24

Top Quote Volume Movers: This Week vs Last Week

Exhibits the Munis with the largest increase in quote volume for the week ending 8/30/24 vs. the week ending 9/6/24

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 ELYSIAN FIELDS ISD 4.000% 02/15/49 30 102 72 240%
2 PAMPA ISD-BLDG BONDS 4.000% 08/15/54 41 107 66 161%
3 PERALTA CLG-A-REF 5.000% 08/01/31 27 84 57 211%
4 GREENVILLE ELEC-REF 5.000% 02/15/54 13 70 57 438%
5 PERALTA CLG-A-REF 5.000% 08/01/30 27 84 57 211%
6 CHARLOTTE-REF 5.000% 07/01/27 54 110 56 104%
7 WISCONSIN ST-2-REF 5.000% 05/01/28 44 97 53 120%
8 MODESTO IRR-B-REF 5.000% 10/01/31 27 80 53 196%
9 MT SAN ANTONIO CCD-A 0.000% 08/01/25 32 82 50 156%
10 WASHINGTON ST-C 5.000% 02/01/40 29 78 49 169%

Most Quoted Munis

Ranks the Munis that were quoted by the highest number of dealers between 8/30/24 – 9/6/24

RANK TRANCHE COUPON MATURITY DEALERS
1 NYC TRANSITIONAL-A-1 5.000% 11/01/35 49
2 NYC TRANSITIONAL-A-1 5.000% 11/01/36 47
3 NYC TRANSITIONAL-A-1 5.000% 11/01/31 45
4 CA UNIV REGENTS-BW 5.000% 05/15/35 45
5 NYC TRANSITIONAL-A-1 5.000% 11/01/37 41
6 CA UNIV REGENTS-BW 5.000% 05/15/54 41
7 ROYSE ISD 5.000% 02/15/54 39
8 NYC TRANSITIONAL-A-1 5.000% 11/01/33 38
9 FAIRFAX CNTY VA INDL 4.125% 05/15/54 37
10 NEW YORK-A-REF 5.000% 08/01/32 36

Stay up-to-date with weekly summaries.

Stay up-to-date on the latest from Solve

Read the latest from our team

  • Credit Default Swaps

    Investment Grade CDS Market Summary – September 2024

    Our newsletter presents key trends derived from observable Credit Default Swaps pricing data over a monthly period.

  • Credit Default Swaps

    High Yield CDS Market Summary – September 2024

    Our newsletter presents key trends derived from observable Credit Default Swaps pricing data over a monthly period.