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Worst 100 Spreads for Montana Municipal Bonds in 2003

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Here is the 2003 list of the one hundred worst Municipal Bond market spreads between the lowest bid and the highest offer for Montana. Because this study measures spreads, it is limited to Municipal Bonds that traded twice or more in one day.

Date CUSIP Municipal Bond Name / Description Coupon Maturity Bid Side
Customer Sold
to Dealer
(Lowest / Highest)
Offer Side
Customer Purchase
from Dealer
(Lowest / Highest)
Spread
Red Flag
# of
Trades
Volume
(000)
04/23/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 73.000 / 73.500 99.748 / 99.74826.7485125
12/19/2003527599-AB-0LEWIS & CLARK CNTY MONT ENVIRONMENTAL REV FACS-ASARCO INC PROJ  5.85010/01/2033 32.000 / 43.125 34.500 / 57.69025.690101980
04/22/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 66.500 / 73.110 92.167 / 92.16725.6677475
10/28/200361213H-DN-4MONTANA ST BRD INVT UNREFUNDED BAL-96-PAYROLL TAX  6.87507/01/2020 99.000 / 99.000 101.000 / 115.25016.250430
03/05/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 84.000 / 88.250 96.500 / 99.75015.7508130
02/26/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO 5.90012/01/2023 85.000 / 85.000 98.811 / 98.81113.8119190
04/17/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 79.250 / 79.250 92.647 / 92.69813.4487160
11/06/2003612136-7R-6MONTANA ST BRD REGENTS REVS REF-HIGHER ED-UNIV MONT-SER F  5.75005/15/2024 107.071 / 107.071 109.974 / 120.38613.315350
08/26/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 67.600 / 67.600 79.500 / 79.50011.9008350
02/20/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO 5.90012/01/2023 89.500 / 90.000 100.890 / 100.89011.3907270
03/07/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 88.500 / 91.750 94.000 / 99.75011.25017460
10/22/200361213H-DN-4MONTANA ST BRD INVT UNREFUNDED BAL-96-PAYROLL TAX  6.87507/01/2020 104.250 / 104.250 104.500 / 115.11410.864490
02/26/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 86.100 / 88.000 89.500 / 96.30010.20017745
02/28/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 90.000 / 96.000 93.000 / 100.00010.000232615
02/28/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO 5.90012/01/2023 87.000 / 87.000 92.000 / 96.9519.951171360
02/06/2003612136-4Z-1MONTANA ST BRD REGENTS REVS REF & IMPT-HIGHER ED FACS-D 5.37511/15/2021 100.000 / 100.000 109.828 / 109.8779.877675
06/25/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 84.000 / 87.680 90.679 / 93.6009.6009275
06/26/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 85.000 / 87.400 90.881 / 93.6008.600251615
03/17/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 90.250 / 90.250 95.275 / 98.8108.56020820
02/13/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO 5.90012/01/2023 91.500 / 91.500 94.100 / 100.0008.5007250
02/25/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 87.500 / 91.600 96.000 / 96.0008.500331470
03/12/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ 7.00012/31/2012 68.000 / 68.000 74.000 / 76.5008.5009105
12/03/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 83.750 / 83.750 90.783 / 92.2508.5008255
04/10/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 87.750 / 88.642 90.000 / 96.1308.38010155
06/06/200361212R-FE-1MONTANA ST BRD HSG AMT-SINGLE FAMILY MTG-SER A-2  6.25012/01/2020 98.500 / 98.500 106.837 / 106.8378.337280
04/04/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 87.000 / 87.000 95.305 / 95.3058.305215
08/25/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 71.200 / 74.000 79.500 / 79.5008.30010270
03/11/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ 7.00012/31/2012 67.000 / 70.000 73.500 / 75.2508.2508205
04/21/2003612130-GM-0MONTANA ST HIGHER ED STUDENT ASSISTANCE CORP STUDENT LN REV AMT-SUB-SER B  4.75012/01/2005 99.000 / 99.000 100.000 / 106.9387.938315
01/29/200361212P-FU-9MONTANA ST HEALTH FAC AUTH HEALTH CARE REV CMNTY MED CTR INC 6.37506/01/2018 91.000 / 98.500 98.750 / 98.7507.7507400
07/17/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 84.500 / 86.130 92.250 / 92.2507.750785
12/10/2003527599-AA-2LEWIS & CLARK CNTY MONT ENVIRONMENTAL REV REF-ASARCO INC PROJ  5.60001/01/2027 44.390 / 44.390 47.500 / 51.7507.3607260
03/07/200361213H-DM-6MONTANA ST BRD INVT PREREFUNDED-1996-PAYROLL TAX 6.87507/01/2020 109.625 / 110.000 116.750 / 116.7507.1258135
03/31/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 90.185 / 93.000 97.150 / 97.1506.965211610
12/10/2003527599-AB-0LEWIS & CLARK CNTY MONT ENVIRONMENTAL REV FACS-ASARCO INC PROJ  5.85010/01/2033 42.120 / 42.120 44.500 / 49.0006.8806240
04/30/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 69.750 / 69.750 76.510 / 76.5106.760420
04/10/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 87.250 / 88.075 86.100 / 93.8806.63015260
07/24/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 86.000 / 86.000 92.630 / 92.6306.630380
12/23/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A  5.00003/01/2031 99.539 / 99.539 103.462 / 106.1406.60112215
12/12/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 70.000 / 70.000 76.575 / 76.5756.5759370
08/20/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 74.500 / 74.750 76.750 / 81.0006.50015800
04/08/2003914505-G7-1UNIVERSITY MONT UNIV REVS REF-HIGHER ED-SER A  4.50005/15/2015 98.168 / 98.168 104.648 / 104.6486.480325
12/15/200314083P-AL-9CARBON CNTY MONT K-12 SCH DIST NO 5 ROBERTS  4.40007/01/2012 99.500 / 99.500 105.915 / 105.9156.415420
07/21/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 75.000 / 79.000 81.370 / 81.3706.3709210
04/21/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 70.000 / 70.000 76.360 / 76.3606.360480
08/01/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 75.000 / 75.000 81.250 / 81.2506.2507230
08/19/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 74.750 / 74.750 80.250 / 81.0006.2507270
02/03/200361212R-BR-6MONTANA ST BRD HSG AMT-SINGLE FAMILY PROG-SER A-2 5.45006/01/2027 99.000 / 99.000 100.000 / 105.2326.232675
09/04/2003612129-EH-5MONTANA ST HEALTH FACS AUTH REV PROVIDENCE SERVICES  5.37512/01/2025 100.088 / 100.088 106.291 / 106.2916.2035220
05/16/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 84.000 / 84.150 90.168 / 90.1686.16871370
05/28/200361212P-FU-9MONTANA ST HEALTH FAC AUTH HEALTH CARE REV CMNTY MED CTR INC  6.37506/01/2018 94.250 / 94.250 100.375 / 100.3756.1255100
06/25/2003612129-EG-7MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.00012/01/2024 101.028 / 102.250 102.278 / 107.1196.091650
01/07/2003914505-U3-4UNIVERSITY MONT UNIV REVS HIGHER ED FACS IMPT-SER D 5.37505/15/2019 104.500 / 104.500 105.000 / 110.5406.040775
06/04/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 85.000 / 86.000 86.880 / 91.0006.00014465
08/07/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 84.000 / 85.650 88.279 / 90.0006.0009480
05/27/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 73.760 / 74.000 78.000 / 79.6905.93010185
03/25/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 70.600 / 73.750 74.000 / 76.5005.90013345
08/05/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A  5.00003/01/2031 97.800 / 97.800 101.000 / 103.6505.85021860
12/16/2003612129-EG-7MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.00012/01/2024 100.870 / 100.870 102.870 / 106.6885.8186125
07/15/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 85.500 / 88.680 91.180 / 91.1805.6808155
07/25/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 87.100 / 87.100 92.630 / 92.6305.5306120
03/18/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 90.725 / 90.725 91.100 / 96.2505.525101130
02/18/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ 7.00012/31/2012 69.500 / 69.500 75.010 / 75.0105.5106100
06/25/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 73.000 / 75.100 78.500 / 78.5005.5007120
08/28/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 72.500 / 72.500 78.000 / 78.0005.5004110
02/19/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ 7.00012/31/2012 71.010 / 74.750 75.000 / 76.5005.490470
03/20/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 90.550 / 90.550 96.000 / 96.0005.4502200
12/05/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 86.620 / 88.500 87.000 / 92.0005.38014605
09/26/2003612102-5K-5MONTANA ST LONG-RANGE BLDG PROG-SER B  4.60008/01/2020 97.879 / 97.879 103.190 / 103.1905.311210
08/06/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A  5.00003/01/2031 98.380 / 99.500 101.390 / 103.6505.270264595
02/18/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 92.750 / 95.000 98.000 / 98.0005.25051060
03/10/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ 7.00012/31/2012 70.000 / 70.760 75.250 / 75.2505.2508220
10/15/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 83.250 / 87.000 85.375 / 88.5005.2509265
09/10/2003914505-R3-8UNIVERSITY MONT UNIV REVS FACS ACQUISITION & IMPT-SER C  5.00011/15/2017 100.790 / 100.790 103.790 / 106.0365.246360
05/20/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 81.000 / 82.500 86.170 / 86.1705.170141370
08/08/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 83.000 / 83.000 88.161 / 88.1615.161450
08/26/2003612130-FE-9MONTANA ST HIGHER ED STUDENT ASSISTANCE CORP STUDENT LN REV ZERO CPN-SUB-SE 12/01/2005 86.350 / 86.350 91.454 / 91.4545.1044100
04/01/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 70.900 / 70.900 76.000 / 76.0005.100440
02/10/2003346668-BS-4FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-AMBAC-TCRS 5.90012/01/2023 100.000 / 100.000 105.040 / 105.0405.040325
05/20/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 83.700 / 84.000 86.125 / 88.7075.007354190
05/21/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 83.700 / 83.700 88.700 / 88.7075.0078115
10/15/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A  5.00003/01/2031 97.994 / 97.994 101.042 / 103.0005.00614375
10/08/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 71.000 / 74.250 74.000 / 76.0005.000111025
08/07/200361213H-DN-4MONTANA ST BRD INVT UNREFUNDED BAL-96-PAYROLL TAX  6.87507/01/2020 110.980 / 110.980 115.966 / 115.9664.986530
03/06/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A 5.00003/01/2031 100.050 / 101.375 100.000 / 105.0004.9507129320
02/25/2003612136-7R-6MONTANA ST BRD REGENTS REVS REF-HIGHER ED-UNIV MONT-SER F 5.75005/15/2024 107.475 / 107.475 112.368 / 112.3684.8935195
04/07/2003612129-EG-7MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.00012/01/2024 97.810 / 97.810 100.000 / 102.6514.841325
09/18/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 75.250 / 80.000 79.750 / 80.0774.8278570
09/15/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A  5.00003/01/2031 97.629 / 97.750 100.999 / 102.4524.82314260
08/19/2003612129-EF-9MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.12512/01/2018 99.640 / 99.640 104.432 / 104.4324.792220
09/09/2003346668-CS-3FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A  5.00003/01/2031 97.590 / 98.700 98.566 / 102.3564.76624440
12/22/2003612129-EG-7MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.00012/01/2024 102.200 / 102.200 106.961 / 106.9614.7613100
06/12/2003612129-EG-7MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.00012/01/2024 105.300 / 107.500 110.000 / 110.0004.700380
04/16/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 71.100 / 71.100 75.750 / 75.7504.650220
12/12/2003612129-EG-7MONTANA ST HEALTH FACS AUTH REV SISTERS OF CHARITY LEAVENWORTH  5.00012/01/2024 102.050 / 102.050 106.694 / 106.6944.64411190
10/10/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A  6.12505/01/2023 82.000 / 82.000 86.600 / 86.6004.6005165
03/11/2003346668-BP-0FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR-COLSTRIP PJ-A 6.12505/01/2023 91.925 / 93.000 91.050 / 96.5004.575121220
06/26/2003346668-BR-6FORSYTH MONT POLLUTION CTL REV REF-MONTANA PWR CO  5.90012/01/2023 84.100 / 85.500 88.135 / 88.6354.53510345
05/15/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 73.500 / 73.500 55.066 / 78.0004.5005410
06/04/200361213K-AD-2MONTANA ST BRD INVT RESOURCE RECOVERY REV YELLOWSTONE ENERGY L P PROJ  7.00012/31/2012 74.000 / 74.000 78.500 / 78.5004.5004105









These reports represent inter-dealer and customer trades in municipal securities that have been reported by dealers to the Municipal Securities Rulemaking Board. The reports do not necessarily reflect all transactions that were effected on the specific trade date. Because of the possibility of errors in the trade submission process or errors or omissions in other processing of data, the reports should not be used as the sole basis for pricing or executing transactions in municipal securities. Prices for securities transactions vary with market conditions and can be affected by trade size and other factors.

Data provided by : msrb.org

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