Municipal Bonds
Municipal Bond Market Summary – Week Ending 7/23/21
DALLAS TX AREA RAPID increased 2.2% from $133.94 to $136.86 last week as Texas transportation was awarded an $89 million infrastructure deal.
Municipal Bond Market Summary – Week Ending 7/16/21
PUERTO RICO ELEC PWR increased 3.7% from $88.60 to $91.87 last week due to concerns of the stability of the electric grid and power outages increase as hurricane season is off to a fast start.
Municipal Bond Market Summary – Week Ending 7/9/21
UNIV VA-A-TXBL moved up 4.4% from $102.60 to $98.23 after issuing $400 million of bonds to finance projects aimed to improve the university’s medical facilities.
Municipal Bond Market Summary – Week Ending 7/2/21
Georgia State 8/1/37 bonds increased 1.7% from 95.48 to 97.12 as ReGenerate buys a 50-MW biomass energy plant in the state.
Municipal Bond Market Summary – Week Ending 6/25/21
SAN JOSE CA ARPT REVENUE bonds were our top Muni Winner last week with a 4.8% increase to 107.83 as travel steadily increases and JetBlue airlines returns to the international airport.
Municipal Bond Market Summary – Week Ending 6/18/21
As demand for water begins increase due to extreme levels of heat in California, LOS ANGELES CALIF DEPT WTR 6.57% 07/01/45 bonds increased 1.8% over the past week to $165.92.