Municipals
GET OUR MUNICIPAL BOND MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Municipal Bond Market Summary:
Week Ending 3/18/22
Our newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.
Top 10 Winners
Showcases the top 10 Muni Bond “Winners” based on price movements between 3/11/22 – 3/18/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | KS KSSDEV 2.77 05/01/2051 | 2.77% | 05/01/51 | 3.00% | 85.07 | 82.59 |
| 2 | MI MRTSCD 3.2 05/01/2046 | 3.20% | 05/01/46 | 1.82% | 103.39 | 101.54 |
| 3 | PR PRCPWR 5.25 07/01/2033 | 5.25% | 07/01/33 | 1.51% | 88.12 | 86.80 |
| 4 | OH TOLDEV 3.25 05/15/2041 | 3.25% | 05/15/41 | 1.48% | 100.25 | 98.78 |
| 5 | FL HLL 3.12 07/01/2046 | 3.13% | 07/01/46 | 1.06% | 101.69 | 100.63 |
| 6 | IL ILSGEN 3.25 11/15/2045 | 3.25% | 11/15/45 | 0.96% | 98.21 | 97.27 |
| 7 | WI WISMED 3.5 02/15/2046 | 3.50% | 02/15/46 | 0.95% | 100.89 | 99.94 |
| 8 | TX DALAPT 3.09 11/01/2040 | 3.09% | 11/01/40 | 0.87% | 94.12 | 93.31 |
| 9 | TX BRYSCD 3 02/15/2041 | 3.00% | 02/15/41 | 0.87% | 101.31 | 100.43 |
| 10 | CA SFO 4 06/15/2031 | 4.00% | 06/15/31 | 0.86% | 113.43 | 112.46 |
Top 10 Losers
Showcases the top 10 Muni Bond “Losers” based on price movements between 3/11/22 – 3/18/22
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PX | PX-1W |
| 1 | OK MID 2 03/01/2037 | 2.00% | 03/01/37 | -9.00% | 91.58 | 100.64 |
| 2 | GA GASTRN 3 07/15/2050 | 3.00% | 07/15/50 | -7.59% | 96.56 | 104.48 |
| 3 | NJ NJSEDU 3.61 07/01/2050 | 3.61% | 07/01/50 | -7.10% | 91.02 | 97.97 |
| 4 | PA UVPHGR 3.56 09/15/2119 | 3.56% | 09/15/19 | -7.09% | 82.36 | 88.64 |
| 5 | MD MDSEDU 2.75 06/01/2051 | 2.75% | 06/01/51 | -6.73% | 85.53 | 91.70 |
| 6 | OR CLASCD 2.82 06/30/2040 | 2.82% | 06/30/40 | -6.50% | 88.74 | 94.91 |
| 7 | MA SAL 2.38 09/01/2046 | 2.38% | 09/01/46 | -6.49% | 81.31 | 86.95 |
| 8 | IA IASMED 3 09/01/2052 | 3.00% | 09/01/52 | -6.24% | 91.61 | 97.70 |
| 9 | IL SKO 3.23 12/01/2036 | 3.23% | 12/01/36 | -6.04% | 95.33 | 101.45 |
| 10 | AR PULSCD 2.65 02/01/2040 | 2.65% | 02/01/40 | -6.01% | 92.01 | 97.89 |
Top 10 State Winners
Showcases the top 10 Muni State “Winners” based on yield movements between 3/11/22 – 3/18/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | TN | -19 bps | 2.28% | 2.46% |
| 2 | IL | -8 bps | 3.36% | 3.44% |
| 3 | CT | -7 bps | 2.61% | 2.68% |
| 4 | NE | -7 bps | 2.37% | 2.43% |
| 5 | KS | -6 bps | 2.72% | 2.79% |
| 6 | SC | -6 bps | 2.57% | 2.63% |
| 7 | DE | -5 bps | 2.24% | 2.29% |
| 8 | DC | -4 bps | 2.62% | 2.66% |
| 9 | GA | -4 bps | 2.46% | 2.49% |
| 10 | HI | -3 bps | 2.67% | 2.69% |
Top 10 State Losers
Showcases the top 10 Muni State “Losers” based on yield movements between 3/11/22 – 3/18/22
| RANK | STATE | CHANGE | YLD | YLD-1W |
| 1 | MN | 42 bps | 2.69% | 2.27% |
| 2 | CO | 31 bps | 2.82% | 2.50% |
| 3 | NJ | 23 bps | 2.95% | 2.72% |
| 4 | OH | 17 bps | 2.55% | 2.39% |
| 5 | MI | 14 bps | 2.79% | 2.65% |
| 6 | MD | 14 bps | 2.44% | 2.31% |
| 7 | VA | 14 bps | 2.38% | 2.25% |
| 8 | WV | 14 bps | 2.31% | 2.17% |
| 9 | NY | 12 bps | 2.67% | 2.55% |
| 10 | NC | 11 bps | 2.17% | 2.06% |
10 Year Yield by State – All
Displays the average Muni 10 year yield by state between 3/11/22 – 3/18/22 (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 3/11/22 – 3/18/22 (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 3/11/22 – 3/18/22 (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 3/11/22 – 3/18/22
Top Quote Volume Movers: This Week vs Last Week
Exhibits the Munis with the largest increase in quote volume for the week ending 3/11/22 vs. the week ending 3/18/22
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | CO COSMED 4 01/01/2040 | 4.00% | 01/01/40 | 42 | 98 | 56 | 133% |
| 2 | TX CYSSCD 5 02/15/2028 | 5.00% | 02/15/28 | 12 | 54 | 42 | 350% |
| 3 | WA ENEPWR 5 07/01/2027 | 5.00% | 07/01/27 | 6 | 47 | 41 | 683% |
| 4 | VA VACHGR 5 02/01/2024 | 5.00% | 02/01/24 | 8 | 48 | 40 | 500% |
| 5 | CA CRTHGR 4 08/01/2044 | 4.00% | 08/01/44 | 5 | 43 | 38 | 760% |
| 6 | MD WASUTL 5 06/01/2032 | 5.00% | 06/01/32 | 19 | 53 | 34 | 179% |
| 7 | OH OHSMED 5 01/01/2030 | 5.00% | 01/01/30 | 52 | 85 | 33 | 63% |
| 8 | IA IASMED 5 09/01/2031 | 5.00% | 09/01/31 | 3 | 36 | 33 | 1100% |
| 9 | OH OHSMED 5 01/01/2031 | 5.00% | 01/01/31 | 48 | 80 | 32 | 67% |
| 10 | MA MAS 5 09/01/2024 | 5.00% | 09/01/24 | 8 | 40 | 32 | 400% |
Most Quoted Munis
Ranks the Munis that were quoted by the highest number of dealers between 3/11/22 – 3/18/22
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | NY NYCUTL 5 06/15/2052 | 5.00% | 06/15/52 | 34 |
| 2 | NY TRBTRN 4 05/15/2051 | 4.00% | 05/15/51 | 32 |
| 3 | FL ORAMED 4 10/01/2052 | 4.00% | 10/01/52 | 30 |
| 4 | NY NYCGEN 4 02/01/2046 | 4.00% | 02/01/46 | 29 |
| 5 | WA WAS 5 02/01/2046 | 5.00% | 02/01/46 | 29 |
| 6 | CA LOSUTL 5 07/01/2051 | 5.00% | 07/01/51 | 27 |
| 7 | AZ SALAGR 5 01/01/2032 | 5.00% | 01/01/32 | 27 |
| 8 | TX WACSCD 4 08/15/2047 | 4.00% | 08/15/47 | 26 |
| 9 | CO COSMED 4 01/01/2040 | 4.00% | 01/01/40 | 25 |
| 10 | CA SFOTRN 3 08/01/2050 | 3.00% | 08/01/50 | 25 |
Stay up-to-date with weekly summaries.
