Municipal Bond Market Summary – Week Ending 11/20/20
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary: Week Ending 11/20/20
Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.
Top 10 Winners
Showcases the top 10 Muni Bond “Winners” based on price movements between 11/13/20 – 11/20/20
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
|---|---|---|---|---|---|---|
| 1 | STONEGATE VLG MET DT | 4.00% | 12/01/49 | 5.62% | 119.33 | 112.98 |
| 2 | MET TRANS AUTH-C | 4.00% | 11/15/33 | 5.15% | 101.99 | 97.00 |
| 3 | LOS ALAMITOS SCH DT-B | 2.00% | 08/01/41 | 4.44% | 100.43 | 96.16 |
| 4 | PORT AUTH OF NEW YORK | 4.00% | 07/15/38 | 4.36% | 120.00 | 114.98 |
| 5 | NEW YORK ST URBAN DEV | 5.00% | 03/15/47 | 4.25% | 128.51 | 123.26 |
| 6 | SALEM CO -A-B-C | 2.13% | 06/15/40 | 4.21% | 100.10 | 96.05 |
| 7 | NY ST THRUWAY AUTH-B | 4.00% | 01/01/53 | 3.95% | 115.76 | 111.36 |
| 8 | MOUNT PLEASANT ISD | 4.00% | 02/15/39 | 3.81% | 122.00 | 117.53 |
| 9 | PUB FIN AUTH-A | 4.75% | 11/15/53 | 3.70% | 99.51 | 95.96 |
| 10 | NOVATO UNIF SCH DT-C | 3.00% | 08/01/34 | 3.55% | 116.69 | 112.69 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 11/13/20 – 11/20/20
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
|---|---|---|---|---|---|---|
| 1 | COWLITZ PUD NO 1 | 6.19% | 09/01/25 | -2.35% | 117.03 | 119.84 |
| 2 | UTAH ST TRANSIT AUTH | 0.00% | 12/15/32 | -1.69% | 73.31 | 74.57 |
| 3 | NJ ST HLTH-REF-A | 5.00% | 07/01/26 | -1.52% | 123.65 | 125.56 |
| 4 | HUDSON CNTY NJ IMPT | 4.00% | 10/01/25 | -1.30% | 117.48 | 119.02 |
| 5 | ANAHEIM REDEV-REF-B | 6.51% | 02/01/31 | -1.20% | 125.10 | 126.63 |
| 6 | FONTANA UNIF SD-REF | 1.60% | 08/01/29 | -1.07% | 97.35 | 98.40 |
| 7 | MIAMI GARDENS FL | 2.33% | 07/01/35 | -0.88% | 100.46 | 101.35 |
| 8 | IL ST-BLD IL | 5.00% | 06/15/24 | -0.82% | 102.57 | 103.42 |
| 9 | MI HSG DEV-B | 2.60% | 06/01/26 | -0.80% | 104.73 | 105.58 |
| 10 | S ORANGE MAPLEWOOD SD | 2.00% | 08/15/31 | -0.75% | 102.14 | 102.91 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 11/13/20 – 11/20/20
| RANK | STATE | CHANGE | YLD | YLD-1W |
|---|---|---|---|---|
| 1 | IL | -48 bps | 2.67% | 3.15% |
| 2 | LA | -41 bps | 1.93% | 2.35% |
| 3 | NJ | -34 bps | 1.51% | 1.85% |
| 4 | TN | -32 bps | 1.32% | 1.64% |
| 5 | IN | -27 bps | 1.88% | 2.15% |
| 6 | GA | -27 bps | 1.21% | 1.48% |
| 7 | DE | -26 bps | 0.86% | 1.12% |
| 8 | MS | -26 bps | 1.32% | 1.58% |
| 9 | SC | -25 bps | 1.04% | 1.29% |
| 10 | AR | -23 bps | 1.24% | 1.48% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 11/13/20 – 11/20/20
| RANK | STATE | CHANGE | YLD | YLD-1W |
|---|---|---|---|---|
| 1 | KS | 33 bps | 1.83% | 1.49% |
| 2 | NE | 26 bps | 1.40% | 1.14% |
| 3 | DC | 23 bps | 1.71% | 1.48% |
| 4 | VA | 18 bps | 1.65% | 1.47% |
| 5 | MO | 15 bps | 1.64% | 1.49% |
| 6 | ME | 15 bps | 1.13% | 0.98% |
| 7 | MD | 8 bps | 1.60% | 1.52% |
| 8 | WA | 4 bps | 1.68% | 1.63% |
| 9 | KY | 3 bps | 1.40% | 1.38% |
| 10 | NC | 0 bps | 1.05% | 1.06% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 11/13/20 – 11/20/20 (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 Year Yield by State – GO Only
Displays the average Muni 10 year yield by state between 11/13/20 – 11/20/20 (General Obligation Bonds only) Results are based on 5 select states, however, we offer data across all 50 states and U.S. territories
10 Year Yield by State – Rev Only
Displays the average Muni 10 year yield by state between 11/13/20 – 11/20/20 (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 11/13/20 – 11/20/20
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 11/13/20 vs. the week ending 11/20/20
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
|---|---|---|---|---|---|---|---|
| 1 | GUAM INTERNATIONAL-B | 3.13% | 10/01/24 | 18 | 92 | 74 | 411% |
| 2 | LAREDO-A | 4.00% | 03/01/45 | 70 | 125 | 55 | 79% |
| 3 | DANA POINT CMNTY-B | 2.90% | 09/01/41 | 28 | 79 | 51 | 182% |
| 4 | HAMPTON ROADS VA TRAN | 5.00% | 07/01/34 | 18 | 64 | 46 | 256% |
| 5 | CO ED CULT FAC AUTH | 4.00% | 09/01/55 | 15 | 59 | 44 | 293% |
| 6 | NC MED CARE COMM -A | 5.00% | 10/01/45 | 16 | 59 | 43 | 269% |
| 7 | TRIBOROUGH BRIDGE-C | 3.00% | 11/15/45 | 36 | 79 | 43 | 119% |
| 8 | MIDLOTHIAN ISD | 4.00% | 02/15/50 | 6 | 48 | 42 | 700% |
| 9 | LUBBOCK ISD | 4.00% | 02/15/50 | 12 | 54 | 42 | 350% |
| 10 | CORPUS CHRISTI-B-REF | 5.00% | 03/01/29 | 34 | 74 | 40 | 118% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 11/13/20 – 11/20/20
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
|---|---|---|---|---|
| 1 | TEXAS ST WTR DEV BRD | 4.00% | 04/15/51 | 42 |
| 2 | NEW YORK CITY -C | 5.00% | 08/01/43 | 32 |
| 3 | DASNY -A -REF -GROUP | 3.00% | 03/15/49 | 31 |
| 4 | CYPRESS FAIRBANKS ISD | 2.25% | 02/15/45 | 30 |
| 5 | MISSOURI ST HLTH & ED | 3.00% | 06/01/53 | 28 |
| 6 | CYPRESS FAIRBANKS ISD | 2.25% | 02/15/44 | 27 |
| 7 | LAREDO-A | 4.00% | 03/01/45 | 27 |
| 8 | TEXAS ST WTR DEV BRD | 3.00% | 10/15/39 | 27 |
| 9 | ALABAMA PUB SCH & CLG | 4.00% | 11/01/40 | 27 |
| 10 | LAREDO-A | 4.00% | 03/01/50 | 27 |
Stay up-to-date with weekly summaries.
Related Resources
About SOLVE
SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in fixed-income markets.
