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

Municipal Bond Market Summary:
Week Ending 1/22/21

Our 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 1/15/21 – 1/22/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 NJ TRN FD CAB-SER C 0.00% 12/15/32 6.83% 81.68 76.46
2 CHICAGO BOE-BAB-TXB 6.04% 12/01/29 6.33% 119.44 112.32
3 COOK CLG #510-REF 0.00% 12/01/30 4.56% 82.19 78.60
4 PR PUB BLDGS AUTH 5.50% 07/01/27 3.68% 83.46 80.50
5 ILLINOIS ST-B-TXBL 5.01% 04/01/28 3.58% 110.75 106.92
6 PHILADELPHIA PA IDA 5.00% 10/01/29 3.31% 126.44 122.39
7 MET TRANSN-TXB-E-BABS 6.81% 11/15/40 3.22% 143.09 138.62
8 PR COMWLTH-IMPT-A 5.25% 07/01/22 2.83% 75.07 73.00
9 WASHINGTON ST-F-BABS 5.14% 08/01/40 2.77% 142.09 138.25
10 SALES TAX SECURITIZTN 4.64% 01/01/40 2.71% 115.82 112.75

Top 10 Losers

Showcases the top 10 Muni Bond “Losers” based on price movements between 1/15/21 – 1/22/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 PUERTO RICO-REF-E 5.63% 07/01/33 -3.63% 77.09 80.00
2 INDIANPLS IMPT-B2-BAB 5.97% 01/15/30 -2.60% 123.54 126.84
3 CA QUAL SCH BD-ANTIOC 7.16% 03/01/27 -2.31% 122.06 124.95
4 UT BLDG LEASE SER E 5.77% 05/15/30 -2.21% 127.03 129.91
5 SAN BERNARDINO CNTY-T 6.02% 08/01/23 -1.75% 109.50 111.45
6 BAY AREA TOLL-S1 7.04% 04/01/50 -1.67% 179.81 182.86
7 OH UNIV ATHENS-TXBL 5.59% 12/01/14 -1.61% 138.62 140.89
8 COALINGA-HURON SD-TXB 5.40% 08/01/33 -1.54% 126.92 128.90
9 SANTA ANA UN SD-B 2.13% 08/01/50 -1.52% 98.41 99.93
10 COLORADO ST COPS 5.00% 12/15/32 -1.44% 135.52 137.49

Top 10 State Winners

Showcases the top 10 Muni State “Winners” based on yield movements between 1/15/21 – 1/22/21

RANK STATE CHANGE YLD YLD-1W
1 NJ -34 bps 1.50% 1.83%
2 KS -33 bps 1.87% 2.20%
3 PA -33 bps 1.51% 1.84%
4 MT -17 bps 1.26% 1.42%
5 OH -16 bps 1.76% 1.92%
6 AL -14 bps 1.58% 1.72%
7 CO -10 bps 1.55% 1.65%
8 SC -9 bps 1.20% 1.30%
9 WA -9 bps 1.64% 1.73%
10 NC -9 bps 0.92% 1.01%

Top 10 State Losers

Showcases the top 10 Muni State “Losers” based on yield movements between 1/15/21 – 1/22/21

RANK STATE CHANGE YLD YLD-1W
1 NH 44 bps 1.57% 1.13%
2 GA 28 bps 1.21% 0.93%
3 MS 24 bps 1.72% 1.48%
4 AR 23 bps 2.18% 1.96%
5 FL 21 bps 1.47% 1.25%
6 LA 21 bps 1.72% 1.50%
7 HI 19 bps 2.13% 1.93%
8 NV 19 bps 1.55% 1.36%
9 WI 16 bps 1.43% 1.27%
10 MA 16 bps 1.92% 1.76%

10 Year Yield by State – All

Displays the average Muni 10 year yield by state between 1/15/21 – 1/22/21 (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 - All

10 Year Yield by State – GO Only

Displays the average Muni 10 year yield by state between 1/15/21 – 1/22/21 (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 Only

Displays the average Muni 10 year yield by state between 1/15/21 – 1/22/21 (Revenue 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

Sentiment

Reveals the percent of Muni bonds increasing in price (advancers) vs. decreasing in price (decliners) between 1/15/21 – 1/22/21

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 1/15/21 vs. the week ending 1/22/21

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 MET TRANSPRTN AUTH NY 5.25% 11/15/30 17 57 40 235%
2 ILLINOIS ST-D 5.00% 11/01/26 42 82 40 95%
3 NEW YORK TRANSPRTN 4.00% 12/01/40 47 85 38 81%
4 WASHINGTON ST-A 5.00% 08/01/41 29 65 36 124%
5 ILLINOIS ST-D 5.00% 11/01/23 15 51 36 240%
6 MET TRANSPRTN AUTH NY 5.00% 11/15/29 42 75 33 79%
7 MET TRANSPRTN AUTH NY 5.00% 11/15/33 4 36 32 800%
8 CALIFORNIA ST-REF 5.00% 04/01/28 31 62 31 100%
9 MIAMI-DADE CO WTR&SWR 4.00% 10/01/49 81 112 31 38%
10 SAN FRANCISCO CITY & 5.00% 11/01/50 28 59 31 111%

Most Quoted Munis

Ranks the Munis that were quoted by the highest number of dealers between 1/15/21 – 1/22/21

RANK TRANCHE COUPON MATURITY DEALERS
1 UNIV OF TEXAS UNIV-A 5.00% 08/15/30 33
2 TEXAS ST WTR DEV BRD 4.00% 04/15/51 31
3 MIAMI-DADE CO WTR&SWR 4.00% 10/01/49 27
4 LOS ANGELES WTR PWR-A 5.00% 07/01/45 26
5 CONNECTICUT ST -A 2.00% 01/15/41 25
6 MUNI ELEC AUTH OF GEO 5.00% 01/01/59 25
7 NY ST URBAN DEV-E-4 3.00% 03/15/47 24
8 FL MUNI PWR AGY-A-REF 5.00% 10/01/25 24
9 CONNECTICUT ST -A 3.00% 01/15/34 24
10 CALIFORNIA ST 5.00% 03/01/31 23

Stay up-to-date with weekly summaries.

Read the latest from our team

Solve Advisors & Thinknum Webinar: Alt Data for Fixed Income Investors: Insights and Use Cases
Read More >

SolveQuotes Release Notes
Read More >

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

SEE MORE