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

Municipal Bond Market Summary:
Week Ending 8/6/21

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 7/30/21 – 8/6/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 ALVORD USD-B-CABS 0.00% 08/01/41 2.86% 60.14 58.46
2 MET GOVT NASHVILLE 3.44% 10/01/46 2.64% 119.84 116.76
3 NEW JERSEY ST ECON DE 3.38% 06/15/26 2.42% 109.54 106.95
4 DENVER CITY&CO-C-REF 2.04% 11/15/28 2.26% 104.82 102.50
5 PORT AUTH NY & NJ-181 4.96% 08/01/46 2.05% 140.60 137.78
6 PR ELEC SER TT 5.00% 07/01/17 1.72% 92.56 91.00
7 BUILD NYC RESOURCE-A 5.00% 06/15/51 1.69% 121.64 119.62
8 RIALTO USD-A-CAB-2010 0.00% 08/01/36 1.69% 69.64 68.48
9 DASNY-F-UNREFUNDED 3.19% 02/15/43 1.39% 111.97 110.43
10 NJ TPK-REF-A-BHAC 5.25% 01/01/29 1.27% 132.03 130.37

Top 10 Losers

Showcases the top 10 Muni Bond “Losers” based on price movements between 7/30/21 – 8/6/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 WA ST CONVENTION-BABS 6.79% 07/01/40 -7.56% 121.44 131.37
2 ALLEN ECON DEV CORP 2.45% 09/01/36 -2.77% 99.55 102.38
3 PR-REF-A 4.00% 07/01/24 -2.72% 83.96 86.31
4 OHIO ST HSG FIN AGY-A 2.45% 09/01/51 -2.71% 100.05 102.84
5 COOK CO SD #218-A 3.13% 12/01/33 -2.30% 109.02 111.58
6 HEADWATERS MUD 2.00% 08/15/40 -2.01% 94.56 96.50
7 HARRIS CO MUD #457 1.25% 09/01/33 -1.99% 92.76 94.65
8 KALAMAZOO PUB SCHS 2.00% 05/01/41 -1.90% 96.52 98.39
9 PITTSBURG CO EDU FACS 2.00% 12/01/39 -1.79% 98.21 100.00
10 NJ TRN FD CAB-SER -A 0.00% 12/15/39 -1.74% 65.12 66.27

Top 10 State Winners

Showcases the top 10 Muni State “Winners” based on yield movements between 7/30/21 – 8/6/21

RANK STATE CHANGE YLD YLD-1W
1 DC -44 bps 1.42% 1.86%
2 LA -44 bps 1.50% 1.93%
3 VA -43 bps 1.14% 1.57%
4 OR -20 bps 1.59% 1.79%
5 NE -15 bps 1.64% 1.79%
6 DE -14 bps 1.33% 1.48%
7 HI -12 bps 2.36% 2.48%
8 CA -10 bps 1.74% 1.85%
9 TX -7 bps 1.83% 1.91%
10 OH -6 bps 1.64% 1.71%

Top 10 State Losers

Showcases the top 10 Muni State “Losers” based on yield movements between 7/30/21 – 8/6/21

RANK STATE CHANGE YLD YLD-1W
1 WI 29 bps 1.97% 1.68%
2 NC 24 bps 1.36% 1.13%
3 MA 20 bps 1.92% 1.72%
4 WA 19 bps 1.91% 1.72%
5 CO 15 bps 1.48% 1.33%
6 AZ 13 bps 1.97% 1.84%
7 KS 11 bps 2.52% 2.41%
8 UT 11 bps 1.14% 1.03%
9 TN 7 bps 1.66% 1.59%
10 AL 7 bps 1.92% 1.84%

10 Year Yield by State – All

Displays the average Muni 10 year yield by state between 7/30/21 – 8/6/21 (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 – GO Only

Displays the average Muni 10 year yield by state between 7/30/21 – 8/6/21 (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 – Rev Only

Displays the average Muni 10 year yield by state between 7/30/21 – 8/6/21 (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 7/30/21 – 8/6/21

Top Quote Volume Movers: This Week vs Last Week

Exhibits the Munis with the largest increase in quote volume for the week ending 7/30/21 vs. the week ending 8/6/21

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 MASSACHUSETTS ST DEV 5.00% 07/01/55 132 180 48 36%
2 TEXAS ST MUNI PWR AGY 3.00% 09/01/46 38 85 47 124%
3 WELD CO SD #6 4.00% 12/01/41 38 84 46 121%
4 CALIFORNIA ST-REF 5.00% 08/01/26 45 85 40 89%
5 NEW YORK CITY-F-1 5.00% 06/01/24 12 50 38 317%
6 UNIV OF TEXAS TX UNIV 5.00% 08/15/24 5 40 35 700%
7 DASNY-A-REF-GROUP 3 3.00% 03/15/42 10 44 34 340%
8 NY ST ENVIR FACS-A 5.00% 06/15/25 2 35 33 1650%
9 N TX TOLLWAY AUTH REV 5.00% 01/01/24 22 54 32 145%
10 JACKSONVILLE-A-REF 5.00% 10/01/26 4 35 31 775%

Most Quoted Munis

Ranks the Munis that were quoted by the highest number of dealers between 7/30/21 – 8/6/21

RANK TRANCHE COUPON MATURITY DEALERS
1 MASSACHUSETTS ST DEV 5.00% 07/01/55 36
2 NEW JERSEY ST TURNPIK 4.00% 01/01/51 32
3 NYC MUNI WTR FIN-AA-1 4.00% 06/15/51 32
4 PORT OF SEATTLE WA-C 5.00% 08/01/46 26
5 SAN ANTONIO -A-REF 4.00% 05/15/38 25
6 UPPER TRINITY REGL 3.00% 08/01/51 25
7 LIVONIA MI PUBLIC SD 4.00% 05/01/36 24
8 NYC MUNI WTR FIN-AA-1 5.00% 06/15/48 24
9 GEORGIA ST-A-1-REF 5.00% 07/01/33 24
10 ROYSE CITY ISD 4.00% 02/15/51 23

Stay up-to-date with weekly summaries.

Read the latest from our team

Evergrande Bond Prices Falling Since May
Read More >

Reorg and Solve Advisors Announce Integration Partnership
Read More >

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

SEE MORE