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

Municipal Bond Market Summary:
Week Ending 4/17/20

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

Quick Links

Muni Winners/Losers
State Winners/Losers
10 Yr Yld – All
10 Yr Yld – GO
10 Yr Yld – Rev
Sentiment
Top Movers
Most Quoted Munis

Top 10 Winners

Showcases the top 10 Muni Bond “Winners” based on price movements between 4/9/20 – 4/17/20

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 PORT OF SEATTLE WA RE 5.00% 04/01/44 14.85% 114.74 99.91
2 MASSACHUSETTS ST-D 4.00% 05/01/39 12.62% 114.96 102.08
3 WASHINGTON SUBURBAN 5.00% 06/01/27 10.88% 126.36 113.96
4 UNIV SYS OF MARYLAND 5.00% 04/01/27 9.57% 120.88 110.32
5 BUNCOMBE CO -A-REV 5.00% 06/01/29 9.37% 119.70 109.45
6 KENTUCKY MUNI PWR AGY 5.00% 09/01/24 9.25% 112.93 103.36
7 ERIE CO DEV AGY-A-REF 5.00% 05/01/27 8.83% 117.40 107.87
8 LONE STAR CLG-REF-B 5.00% 02/15/25 8.72% 116.62 107.26
9 SYRACUSE INDL DEV AGY 4.00% 05/01/33 8.38% 115.51 106.58
10 DAUPHIN CO GEN AUTH 5.00% 10/15/34 7.96% 95.15 88.13

Top 10 Losers

Showcases the top 10 Muni Bond “Losers” based on price movements between 4/9/20 – 4/17/20

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 VINELAND NJ-TXBL-REF 3.11% 04/15/28 -6.66% 105.57 113.10
2 DASNY -REV – F 2.96% 02/15/32 -6.35% 102.27 109.20
3 MET TRANSPRTN-A-1 5.25% 11/15/39 -6.15% 103.76 110.56
4 WASHINGTON ST CONVENT 5.00% 07/01/58 -6.06% 114.85 122.27
5 NYC TRANS FIN-A-E-1 5.00% 02/01/40 -5.77% 116.58 123.72
6 LA DEPT WTR/PWR-BABS 6.60% 07/01/50 -5.76% 168.73 179.05
7 UNIV OK REVENUES 2.46% 07/01/34 -5.69% 99.13 105.11
8 NEW YORK CITY NY TRAN 4.00% 11/01/43 -5.53% 112.49 119.07
9 MET TRANSP AUTH-D-1 5.00% 11/15/33 -5.50% 106.40 112.59
10 SANTA ANA USD-REF 5.00% 08/01/30 -5.37% 126.53 133.71

Top 10 State Winners

Showcases the top 10 Muni State “Winners” based on yield movements between 4/9/20 – 4/17/20

RANK STATE CHANGE YLD YLD-1W
1 WI -47 bps 1.75% 2.22%
2 MN -41 bps 1.47% 1.89%
3 SC -40 bps 1.74% 2.14%
4 OH -40 bps 2.36% 2.76%
5 IL -36 bps 3.18% 3.54%
6 NV -33 bps 2.17% 2.50%
7 KS -31 bps 2.19% 2.50%
8 MS -30 bps 1.79% 2.09%
9 UT -28 bps 1.59% 1.87%
10 FL -28 bps 2.03% 2.30%

Top 10 State Losers

Showcases the top 10 Muni State “Losers” based on yield movements between 4/9/20 – 4/17/20

RANK STATE CHANGE YLD YLD-1W
1 VA 30 bps 2.02% 1.72%
2 MA 16 bps 2.03% 1.87%
3 DC 11 bps 1.88% 1.77%
4 LA 2 bps 2.12% 2.10%
5 IN -2 bps 2.43% 2.45%
6 NY -3 bps 2.36% 2.38%
7 TN -4 bps 1.57% 1.61%
8 CO -10 bps 1.73% 1.83%
9 PA -11 bps 2.20% 2.31%
10 MO -12 bps 2.10% 2.21%

10 Year Yield by State – All

Displays the average Muni 10 year yield by state between 4/9/20 – 4/17/20 (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 Yr Yield by State - All

10 Year Yield by State – GO Only

Displays the average Muni 10 year yield by state between 4/9/20 – 4/17/20 (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 - Go

10 Year Yield by State – Rev

Displays the average Muni 10 year yield by state between 4/9/20 – 4/17/20 (Revenue Bonds only)

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

10 Yr Yield by State - Rev

Sentiment

Reveals the percent of Muni bonds increasing in price (Advancers) vs. decreasing in price (Decliners) between 4/9/20 – 4/17/20

Muni Market Sentiment - Advancers vs. Decliners

Top Quote Volume Movers: This Week vs Last Week

Exhibits the Munis with the largest increase in quote volume for the week ending 4/9/20 vs. the week ending 4/17/20

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 COLLIN CNTY TX CMNTY 3.00% 08/15/40 15 107 92 613%
2 COLLIN CNTY TX CMNTY 3.00% 08/15/39 3 66 63 2100%
3 LAS VEGAS VLY WTR-A 5.00% 06/01/46 30 90 60 200%
4 CA INFRA & ECON A-1 4.00% 04/01/27 4 58 54 1350%
5 LOVE FIELD ARPT-SW AI 5.25% 11/01/40 75 123 48 64%
6 UNIV OF CALIFORNIA-AY 5.00% 05/15/36 33 78 45 136%
7 PORTLAND-A-REF 5.00% 03/01/30 10 53 43 430%
8 GEORGIA ST-A 5.00% 07/01/27 17 59 42 247%
9 OHIO-A 5.00% 03/01/28 15 56 41 273%
10 ENERGY NW ELEC REV-A 5.00% 07/01/36 15 56 41 273%

Most Quoted Munis

Ranks the Munis that were quoted by the highest number of dealers between 4/9/20 – 4/17/20

RANK TRANCHE COUPON MATURITY DEALERS
1 UTAH ST 5.00% 07/01/26 30
2 TEXAS ST-TRANS 4.00% 08/27/20 28
3 LOVE FIELD ARPT-SW AI 5.25% 11/01/40 25
4 NORTH CAROLINA ST-B 5.00% 05/01/28 25
5 COLLIN CNTY TX CMNTY 3.00% 08/15/40 25
6 CA DEPT WTR RESOURCES 5.00% 05/01/22 23
7 LAS VEGAS VLY WTR-A 5.00% 06/01/46 23
8 CALIFORNIA ST-REF 5.00% 04/01/25 22
9 SALT RIVER AZ PROJ AG 5.00% 01/01/30 22
10 NEW YORK ST ENVRNMNTL 4.00% 06/15/46 22

Stay up-to-date with weekly summaries.

Read the latest from our team

Syndicated Bank Loan Market Summary
Week ending 7/2/20
Read More >

Solve News Flash: Solve Data Featured in April 22 WSJ article, “The Bonds The Fed Left Behind…”
Read More

See more market insights and news from Solve in our Market Pulse.

SEE MORE