In this week’s market summaries, SolveQuotes composite data showed that CINEWORLD TL B increased 1.9% after reporting positive cash flow in Q4 credited to several large movie release and Transportation: Cargo with industry prices up 0.9% given emerging sustainability trends. Read below for more weekly insights within the Bank Loan, Municipal Bond, and Corporate Bond markets.

Bank Loan Market Summary

CINEWORLD TL B increased 1.9% from $76.02 to $77.48 after reporting positive cash flow in Q4 credited to several large movie releases and increased attendance near pre-pandemic levels.

Transportation: Cargo increased 0.38% last week following reports that shipping industry saw profits more than $150 billion in 2021.

View the most recent Bank Loan Market Summary

Municipal Bond Market Summary

PR PRC 5.5 07/01/2018 increased 3.9% from $97.50 to $101.25 after indications that the judge overseeing the islands bankruptcy is set to accept a modified debt restructuring plan.

PA MONHGR 5 09/01/2032 decreased -3.2% from $127.34 to $123.23 after Covid-19 outbreaks at 11 county schools forced learning to go virtual.

CA CASMED 5 11/15/2038 ranked on the Quote Volume list last week, increasing 1120% as Covid-19 continues to run rampant in the state, extending indoor mask policies and stretching hospitals thin on staffing.

View the most recent Municipal Bond Market Summary

IG & HY Corporate Bond Summary

Qatar National Bank increased 5.2% from $105.87 to $111.41 last week after boosting the money set aside in provisions and signaling caution over the main international markets in which it operates. 

Sino-Ocean Group (4.75 1/14/30) decreased 14.9% from $88.94 to $75.67 last week after the Chinese property developer secured a site in Kowloon City for development. Fitch revised outlook ratings to negative.

Containers, Packaging, and Glass was the top performing industry last week with yields dropping 62 bps chiefly driven by a significant rise in demand for packaging across all industries.

PBFENE (6 2/15/2028) increased 5.8% from $69.05 to $73.07 last week after the company raised $2.6 billion in liquidity, giving the energy company significant runway to ride out operating and working-capital cash burn through 2022.

Agile Property (5.75 1/2/2025) decreased 39.26% from $51.82 to $31.29 last week after being downgraded by S&P amid growing investor fear of more defaults and price declines across property bonds.

Transportation: Cargo was one of the top performing industries last week with industry prices up 0.9% given emerging sustainability trends in freight and logistics.

View the most recent Corporate Bond Market Summaries: Investment Grade or High Yield