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

Municipal Bond Market Summary:
Week Ending 8/20/21

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 8/13/21 – 8/20/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 MONTGOMERY HSG-TXBL 2.62% 06/01/41 9.56% 100.15 91.42
2 LA DEPT OF APRTS-C 3.89% 05/15/38 5.92% 117.64 111.06
3 UNIV OF PITTSBURGH PA 3.56% 09/15/19 4.02% 115.77 111.30
4 OHIO ST UNIV-A-TXBL 4.80% 06/01/11 3.55% 152.63 147.40
5 PORT AUTH OF NEW YORK 3.29% 08/01/69 3.27% 112.93 109.36
6 SAN ANTONIO ELEC-TXBL 4.43% 02/01/42 3.06% 127.94 124.14
7 IOWA ST HGR EDU LOAN 3.03% 12/01/51 2.96% 110.58 107.41
8 ORANGE UNIF SD-TXBL 2.60% 05/01/41 2.95% 100.34 97.47
9 SANTA MONICA-MALIBU 2.13% 07/01/37 2.71% 100.53 97.88
10 AMERN MUN PWR-BABS 5.94% 02/15/47 2.64% 156.45 152.42

Top 10 Losers

Showcases the top 10 Muni Bond “Losers” based on price movements between 8/13/21 – 8/20/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 JEFFERSON CNTY NY CIV 4.00% 11/01/47 -2.67% 106.38 109.30
2 PR-REF-A 5.00% 07/01/33 -2.42% 85.13 87.24
3 FAYETTEVILLE ST UNI 5.00% 04/01/43 -2.20% 128.45 131.34
4 ROSEMONT-TXBL-A 5.38% 12/01/31 -2.05% 125.77 128.40
5 PORT AUTH OF NEW YORK 5.00% 11/01/33 -2.04% 130.83 133.56
6 NYC MUNI WTR FIN-AA-1 3.50% 06/15/48 -2.03% 112.66 114.99
7 SCOTT CO CMNTY DEV-A 2.63% 02/01/44 -2.02% 104.74 106.89
8 IRVINE UNIF SCH DIST 2.25% 09/01/49 -1.95% 99.17 101.15
9 EAST CAROLINA UNIV-A 3.38% 10/01/39 -1.94% 108.54 110.69
10 UNIV OF WYOMING-A-REF 3.00% 06/01/37 -1.88% 111.45 113.58

Top 10 State Winners

Showcases the top 10 Muni State “Winners” based on yield movements between 8/13/21 – 8/20/21

RANK STATE CHANGE YLD YLD-1W
1 MN -34 bps 1.59% 1.93%
2 KS -30 bps 2.16% 2.46%
3 PA -25 bps 2.04% 2.29%
4 GA -24 bps 1.46% 1.70%
5 MD -22 bps 1.23% 1.45%
6 AL -20 bps 1.88% 2.08%
7 AZ -14 bps 1.78% 1.92%
8 FL -11 bps 1.56% 1.67%
9 OR -11 bps 1.55% 1.67%
10 MI -9 bps 1.76% 1.85%

Top 10 State Losers

Showcases the top 10 Muni State “Losers” based on yield movements between 8/13/21 – 8/20/21

RANK STATE CHANGE YLD YLD-1W
1 LA 45 bps 2.00% 1.55%
2 NJ 30 bps 2.13% 1.83%
3 TX 21 bps 2.02% 1.82%
4 HI 17 bps 2.43% 2.26%
5 IL 16 bps 2.25% 2.08%
6 TN 14 bps 1.73% 1.58%
7 MA 13 bps 1.85% 1.72%
8 UT 11 bps 1.33% 1.22%
9 NV 8 bps 1.95% 1.88%
10 IA 8 bps 1.66% 1.58%

10 Year Yield by State – All

Displays the average Muni 10 year yield by state between 8/13/21 – 8/20/21 (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 8/13/21 – 8/20/21 (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 8/13/21 – 8/20/21 (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 8/13/21 – 8/20/21

Top Quote Volume Movers: This Week vs Last Week

Exhibits the Munis with the largest increase in quote volume for the week ending 8/13/21 vs. the week ending 8/20/21

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 SAN FRANCISCO CA-D-1 4.00% 06/15/44 11 81 70 636%
2 LA CA DEPT OF ARPTS 5.00% 05/15/31 7 73 66 943%
3 NEW JERSEY ST-A 5.00% 06/01/26 19 74 55 289%
4 DASNY-A-REF-GROUP 2 5.00% 03/15/31 23 77 54 235%
5 SAN FRANCISCO CA-D-1 4.00% 06/15/37 6 60 54 900%
6 FL DEV FIN CORP-A-REF 4.00% 06/01/46 35 86 51 146%
7 SAN ANTONIO-C-REV 5.00% 05/15/41 6 56 50 833%
8 PORT AUTH OF NY -REF 5.00% 07/15/30 14 61 47 336%
9 EAGLE RIVER CO WTR-A 4.00% 12/01/49 17 63 46 271%
10 CALIFORNIA ST PUBLIC 4.00% 05/01/46 24 70 46 192%

Most Quoted Munis

Ranks the Munis that were quoted by the highest number of dealers between 8/13/21 – 8/20/21

RANK TRANCHE COUPON MATURITY DEALERS
1 NYC MUNI WTR FIN-AA-1 4.00% 06/15/51 33
2 MASSACHUSETTS ST DEV 5.00% 07/01/55 30
3 NEW JERSEY ST TURNPIK 4.00% 01/01/51 28
4 SNOHOMISH CNTY WA PUB 5.00% 12/01/51 26
5 BLACK BELT ENERGY GAS 4.00% 06/01/51 25
6 VA CLG BLDG AUTH-A 3.00% 02/01/41 24
7 NYC TRANSITIONAL-S-1A 4.00% 07/15/36 24
8 ILLINOIS ST FIN AUTH 4.00% 07/01/37 23
9 NYC TRANSITIONAL-S-1A 4.00% 07/15/37 23
10 TN ENERGY ACQ CORP-A 5.00% 05/01/52 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