In this week’s market summaries, SolveQuotes composite data showed that Construction & Building is up .26% as real estate and residential construction boom for Bank Loans and CHICAGO IL RFDG-PROJ is up 1.74% after exceeding their budget forecast by 6.5%. Read below for more weekly insights within the Bank Loan, Municipal Bond, and Corporate Bond markets.

Monthly Bank Loan Market Summary

PEI (PREIT ASSOCIATES) is this month’s top performer, up 27.7% from $44.16 to $56.38 with core mall sales increasing credited to primarily to back-to-school shopping.

NATCIN (NATIONAL CINEMEDIA) is this month’s loser, down -3.4% from $90.53 to $87.47 as concerns over the Delta Variant continue to impact the leisure industry.

View the most recent Monthly Bank Loan Market Summary

Bank Loan Market Summary

EXLINT (Exela Technologies) is this week’s winner, up 2.37% from $73.06 to $74.79 following their fourth consecutive recognition as a “Major Contender” in Everest Group’s Finance & Accounting Outsourcing 2021 PEAK Matrix.

TELPAC (US TelePacific) is this week’s loser, down -1% from $89.96 to $89.07 following a ratings downgrade to CCC+ from S&P Global Ratings as the company looks to execute a business pivot.

Construction & Building is this week’s top performing industry, up .26% as real estate and residential construction continue to boom leading to price increases amid shortage of building materials.

View the most recent Bank Loan Market Summary

Municipal Bond Market Summary

CHICAGO IL RFDG-PROJ is this week’s winner, up 1.74% from $96.43 to $98.10 after exceeding their budget forecast by 6.5% with gains coming from sales, utility, income, and personal property replacement taxes.

PUERTO RICO CMWLTH AQ ranked on the Quote Volume list this past week, increasing from 11 to 67 quotes after being issued $1.66 billion leading the way in August’s as the biggest sale.

View the most recent Municipal Bond Market Summary

IG & HY Corporate Bond Summary

Coca-Cola (KO) increased 3.6% from $197.62 to $204.66 last week as investors seek to pour into more recession-resistant investments with reliable growth given the current economic downturn.

Austria Republic’s (RAGB) bonds decreased 3.1% from $99.49 to $96.39 last week following the European Central Bank’s decision to extend the phase of faster bond-buying through the summer following a spike in COVID cases across Europe.

Chemicals, Plastics & Rubber industry was among the top performing industries last week with 5-year yields down 19 bps driven by an increase in industrial production measures and output.

Navios Acquisition (NNA) increased 24.2% from $80.69 to $100.18 last week after the international owner and operator of tanker vessels announced a merger with dry cargo vessel operator, Navios Partners.

Evergrande Group (EVERRE) decreased 31.3% from $37.59 to $25.83 last week after the developer warned that it risks defaulting on its debt and pressure mounts from Chinese authorities to raise cash and resolve $7.4 billion of bonds due in 2022.

Energy: Oil and Gas was the top performing industry this week with prices down 0.79% as companies, policy makers and regulators continue to make more collaborations across the energy spectrum.

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