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2002 Worst Bid/Offer Spreads

Here is the 2002 list of the one hundred worst "actively traded" Municipal Bond market spreads between the lowest bid and the highest offer. To be labeled as actively traded on a specific day, a Municipal Bond must have traded at least four, three or two times.

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)
04/17/2002681663-AT-7OMAHA CONVENTION HOTEL CORP NEB REV CONVENTION CTR-1ST TIER-SER A 5.12510/01/2032 20.349 / 97.384 96.946 / 100.00079.6513357010
08/23/2002928181-GS-9VIRGINIA ST RES AUTH WTR & SWR SYS REV CAP APPREC-TUCKAHOE CREEK SVC 11/01/2030 21.419 / 21.419 21.479 / 99.00077.58151981
07/25/2002167590-DN-5CHICAGO ILL O HARE INTL ARPT SPL FAC REV REF-UTD AIR LINES INC PJ-SER A 5.35009/01/2016 29.250 / 29.500 100.000 / 100.00070.75071100
09/12/2002948804-AD-1WEIRTON W VA POLLUTN CTL REV REF-WEIRTON STEEL CORP PJ .50004/01/2012 25.999 / 94.700 27.350 / 95.00069.0014124
12/04/2002585650-GJ-7MELROSE PARK ILL TAX INCREMENT-SER A 4.90012/15/2021 33.386 / 99.386 99.386 / 99.38666.0005835
03/27/2002232237-6T-9CUYAHOGA CNTY OHIO CAP IMPT 5.00012/01/2008 41.660 / 41.660 104.805 / 104.80563.14593000
08/15/2002576018-BB-0MASSACHUSETTS ST TPK AUTH MET HWY SYS REV CAP APPREC-SR-SER C 01/01/2021 39.377 / 99.950 40.107 / 99.55060.173102455
05/22/2002478167-DE-6JOHNSON & UNION CNTYS ILL CMNTY UNIT SCH DIST NO 1  02/01/2018 41.564 / 41.564 44.382 / 98.44856.8843300
06/06/2002278245-EF-8EATON RAPIDS MICH PUB SCHS REF 4.75005/01/2025 43.379 / 93.379 97.109 / 97.10953.7303535
05/22/2002478167-DD-8JOHNSON & UNION CNTYS ILL CMNTY UNIT SCH DIST NO 1  02/01/2017 44.781 / 44.781 47.416 / 98.50253.7213660
05/22/2002478167-DC-0JOHNSON & UNION CNTYS ILL CMNTY UNIT SCH DIST NO 1  02/01/2016 47.935 / 47.935 98.562 / 101.50053.5653630
11/21/2002130684-BX-0CALIFORNIA ST PUB WKS BRD LEASE REV DEPT GEN SVCS-CAP EAST END-A 5.25012/01/2014 61.256 / 61.256 109.176 / 109.77748.521713390
04/18/200225044M-AB-2DESERT SPRINGS CMNTY CORP NEV REV SER A 7.50008/15/2004 44.000 / 89.000 91.500 / 91.50047.5004170
07/10/2002575895-ET-0MASSACHUSETTS ST PORT AUTH REV  13.00007/01/2013 109.000 / 109.000 155.020 / 155.02046.020325
06/26/2002745291-PF-5PUERTO RICO PUB FIN CORP CAP APPREC-COMWLTH APPROP-A 08/01/2012 54.233 / 54.233 55.059 / 100.00045.767214850
03/07/2002938153-AQ-6WASHINGTON CNTY OHIO HEALTH CARE FACS REV GLENWOOD RETIREMENT CMNTY PROJ 6.35010/01/2027 48.100 / 48.100 89.500 / 89.50041.400875
01/18/2002384446-AV-2GRAFTON N D INDL DEV REV K MART CORP PRJ 7.25003/01/2005 58.250 / 58.250 96.500 / 96.50038.250535
06/27/2002306126-AE-3FALCONS LAIR UTIL & RECLAMATION DIST TEX CTFS PARTN  8.50010/15/2007 56.500 / 94.000 94.000 / 94.00037.500595
12/04/200235823H-AC-7FRESNO CALIF REV VAR-TRINITY HEALTH CREDIT-C 12/01/2030 63.500 / 63.500 100.000 / 100.00036.50021050
05/30/2002167590-ET-1CHICAGO ILL O HARE INTL ARPT SPL FAC REV REF-UNITED AIR LINES PJ-SER C 6.30005/01/2016 52.000 / 52.500 51.500 / 86.00034.000133515
06/25/2002745291-PC-2PUERTO RICO PUB FIN CORP CAP APPREC-COMWLTH APPROP-A 08/01/2009 66.049 / 66.049 66.886 / 100.00033.951204350
09/26/2002132811-AB-6CAMDEN CNTY N J IMPT AUTH HSG DEV REV REPLACEMENT-CRESTBURY APTS PJ 8.75012/15/2016 15.060 / 48.600 15.310 / 49.00033.9404140
05/15/200246245T-AM-6IOWA FIN AUTH CMNTY REHABILITATION PROVIDERS REV LUTHERAN CHILDRENS-BREMWOO 5.80012/01/2024 54.000 / 54.000 86.492 / 87.49233.492675
09/30/2002360052-AJ-3FULTON CNTY GA DEV AUTH SPL FACS REV DELTA AIRLINES INC PROJ 5.45005/01/2023 37.000 / 54.106 68.750 / 68.75031.7505150
01/03/2002870567-AW-4SWEETWATER TENN INDL DEV BRD INDL REV REF-KMART CORP PROJ 6.50009/01/2006 70.071 / 94.750 100.000 / 100.00029.9297195
02/27/2002786004-US-8SACRAMENTO CALIF MUN UTIL DIST ELEC REV  9.00004/01/2013 99.375 / 99.375 100.000 / 128.85329.4785270
04/04/2002796753-MR-9SAN BERNARDINO CALIF JT PWRS FING AUTH TAX ALLOCATION REV REF 6.00004/01/2018 98.750 / 98.750 100.000 / 128.14029.390451805
02/12/2002543583-FF-0LORAIN CNTY OHIO HOSP REV REF & IMPT-CATHOLIC HLTHCARE-A 5.25010/01/2033 71.000 / 71.000 99.229 / 100.00029.000224035
11/14/2002544628-GA-2LOS ANGELES CALIF REGL ARPTS IMPT CORP LEASE REV FACS-SUBLEASE-CONTINENTAL  9.25008/01/2024 70.250 / 99.000 99.250 / 99.25029.00052045
08/20/2002411509-AR-3HARBOR CREEK PA SCH DIST CAP APPREC 02/15/2007 58.660 / 86.690 87.190 / 87.19028.530350
05/13/200235083Q-AC-2FOUR CORNERS CALIF PUB FING AUTH REV SER A 7.50010/15/2002 26.000 / 52.000 54.000 / 54.00028.0004160
01/15/2002130622-EV-1CALIFORNIA ST  9.25003/01/2003 104.690 / 129.860 107.690 / 132.36027.670660
12/30/2002123593-BS-3BUTLER CNTY PA INDL DEV AUTH COML DEV FIRST MTG REV REF-KMART CORP-SER A 6.87506/15/2006 73.000 / 73.450 100.250 / 100.25027.250460
11/21/2002017573-QA-7ALLEN CNTY OHIO REF 4.62512/01/2021 71.887 / 71.887 97.225 / 99.06327.17641070
08/19/2002976595-CF-3WISCONSIN CTR DIST WIS TAX REV REF-JR DEDICATED 5.25012/15/2017 78.250 / 103.350 79.050 / 105.35027.100430
07/26/2002130628-X8-8CALIFORNIA ST REF 4.25010/01/2026 85.883 / 87.346 89.026 / 112.94127.0586520
11/12/2002432308-KH-6HILLSBOROUGH CNTY FLA AVIATION AUTH REV REF-SPL PURP-DELTA AIR LINES 6.80001/01/2024 56.000 / 56.000 58.950 / 82.20526.2056140
09/18/200201852L-AB-6ALLIANCE ARPT AUTH INC TEX SPL FACS REV AMERICAN AIRLS INC PROJ 7.00012/01/2011 41.600 / 48.750 67.763 / 67.76326.16342020
08/26/2002051558-AD-6AURORA COLO HSG AUTH MULTIFAMILY REV HSG-SUB-RIVER FALLS PROJ-C 6.00007/01/2029 74.080 / 74.080 100.000 / 100.00025.920440
07/26/2002533406-BM-5LINCOLN CNTY S D REV AMERICAN BAPTIST HOMES PROJ 6.30005/15/2007 56.750 / 56.750 82.500 / 82.50025.750420
07/26/2002533406-BN-3LINCOLN CNTY S D REV AMERICAN BAPTIST HOMES PROJ 6.30011/15/2007 56.750 / 56.750 82.500 / 82.50025.750420
05/13/2002462632-MU-1IPSWICH MASS  5.50011/15/2016 100.190 / 100.190 107.681 / 125.11624.9264250
02/20/200257420R-AC-6MARYLAND ST ENERGY FING ADMIN LTD OBLIG REV COGENERATION-AES WARRIOR RUN 7.40009/01/2019 75.702 / 75.702 100.000 / 100.00024.298475
07/10/2002207752-AS-5CONNECTICUT ST MUN ELEC ENERGY COOP PWR SUPPLY SYS REV  7.00001/01/2015 100.100 / 100.100 124.258 / 124.25824.1584415
10/07/2002491026-JH-4KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A 6.50002/01/2022 63.750 / 63.750 87.780 / 87.78024.0304605
12/26/2002544628-EZ-9LOS ANGELES CALIF REGL ARPTS IMPT CORP LEASE REV REF-UNITED AIR LINES-L A I 6.87511/15/2012 45.000 / 45.000 45.000 / 69.00024.0006110
09/12/2002140426-AG-2CAPITAL PROJS FIN AUTH FLA SOLID WASTE DISP REV CAP PJS LN PG-WCA FLA-SER C 8.00010/01/2019 72.325 / 72.325 96.300 / 96.30023.9757120
04/02/2002508253-AF-8LAKE CNTY FLA RES REC INDL DEV REV REF-AMT-NRG/RECOVERY GRP-SER A 5.40010/01/2003 76.030 / 76.030 100.000 / 100.00023.970795
06/26/200289438L-AP-3TRAVIS CNTY TEX HEALTH FACS DEV CORP REV HLTH FACS-WESTMINSTER MNR HLTH 7.00007/01/2015 76.380 / 76.380 100.000 / 100.00023.62036
12/10/2002010869-CD-5ALAMEDA CORRIDOR TRANSN AUTH CALIF REV TAXABLE-SR LIEN-SER C 6.60010/01/2029 108.501 / 108.641 110.285 / 132.11023.60973860
12/17/2002658680-AQ-6NORTH COLLEGE HILL OHIO CAP IMPT 4.70012/01/2012 76.450 / 76.450 100.000 / 100.00023.5502200
09/04/2002240471-EF-5DEKALB CNTY GA HSG AUTH MULTI FAMILY HSG REV REGENCY WOODS PJ-SR-SER A 6.50001/01/2026 71.500 / 71.500 95.048 / 95.04823.548480
10/02/2002592065-Y4-2METRO GOVT NASHVILLE&DAVIDSON CNTY TENN INDL DEV BRD REV MULTIFAMILY HSG-NA 6.75001/01/2013 61.030 / 61.030 84.250 / 84.25023.220550
04/01/2002826310-AC-8SIERRA FOOTHILLS CALIF PUB FING AUTH CTFS PARTN SER A 8.00012/15/2002 36.000 / 56.800 59.000 / 59.00023.0005265
09/23/200201852L-AA-8ALLIANCE ARPT AUTH INC TEX SPL FACS REV AMERICAN AIRLINES INC PROJ 7.50012/01/2029 38.000 / 39.520 61.000 / 61.00023.0007165
12/11/200213077L-AR-5CALIFORNIA STATEWIDE CMNTYS DEV AUTH LEASE REV SPL FACS-UNITED AIRLINES-SER 5.70010/01/2033 15.000 / 31.500 15.000 / 38.00023.000187225
03/15/2002649836-ZY-2NEW YORK ST DORM AUTH REVS CAP APPREC-ST UNIV-B-MBIA-IBC 05/15/2008 76.373 / 76.373 78.775 / 99.13022.757151255
02/20/200293340H-AX-4WALTON CNTY FLA REV REF-FIRST MTG-SEA SIDE-SER A 8.00011/01/2011 56.287 / 56.287 79.000 / 79.00022.713435
02/28/200213077Y-AL-0CALIFORNIA STATEWIDE CMNTYS DEV AUTH SPL FACS REV UNITED AIR LINES-SER A 5.70010/01/2034 55.000 / 55.000 55.550 / 77.24622.2464915
11/01/2002491026-JH-4KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A 6.50002/01/2022 54.000 / 59.500 58.000 / 76.00022.00019310
09/20/2002235035-AQ-5DALLAS-FORT WORTH TEX INTL ARPT FAC IMPT CORP REV REF-AMERICAN AIRLINES-SER 6.15005/01/2029 40.010 / 41.000 40.010 / 62.00021.99071310
09/24/2002491026-JK-7KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A 7.12502/01/2021 70.361 / 76.950 92.250 / 92.25021.889695
02/21/200213077Y-AL-0CALIFORNIA STATEWIDE CMNTYS DEV AUTH SPL FACS REV UNITED AIR LINES-SER A 5.70010/01/2034 55.000 / 55.000 75.000 / 76.87421.8744265
12/06/2002871239-AB-5SYKESVILLE MD REV 1ST MTG-ELDERCARE CTR PJ-SER A 8.37509/01/2010 33.320 / 33.320 55.000 / 55.00021.680550
09/25/2002235035-AK-8DALLAS-FORT WORTH TEX INTL ARPT FAC IMPT CORP REV AMERICAN AIRLINES INC 6.00011/01/2014 38.520 / 56.000 60.000 / 60.00021.4805260
12/06/2002645913-AA-2NEW JERSEY ECONOMIC DEV AUTH ST PENSION FDG REV SER A 7.42502/15/2029 99.000 / 120.310 120.410 / 120.41021.410568453
11/06/2002621233-CS-2MOUNT DORA FLA HEALTH FACS AUTH HEALTH FACS REV WATERMAN VILLAGE PJ-SER A 6.80008/15/2023 79.000 / 79.000 100.000 / 100.00021.000530
12/10/200213077L-AR-5CALIFORNIA STATEWIDE CMNTYS DEV AUTH LEASE REV SPL FACS-UNITED AIRLINES-SER 5.70010/01/2033 14.000 / 14.000 35.000 / 35.00021.0003570
05/07/2002708692-AD-0PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV USG CORP PROJ 6.00006/01/2031 53.530 / 53.530 66.100 / 74.37520.8457530
07/17/2002741756-AY-6PRINCE WILLIAM CNTY VA INDL DEV AUTH RESIDENTIAL CARE FAC REV 1ST MTG-WESTM 6.62501/01/2026 83.875 / 100.150 104.650 / 104.65020.775550
06/07/2002508253-AJ-0LAKE CNTY FLA RES REC INDL DEV REV REF-AMT-NRG/RECOVERY GRP-SER A 5.95010/01/2013 73.020 / 88.960 93.730 / 93.73020.7109295
09/17/200201852L-AA-8ALLIANCE ARPT AUTH INC TEX SPL FACS REV AMERICAN AIRLINES INC PROJ 7.50012/01/2029 48.500 / 53.000 50.500 / 69.00020.500125605
01/17/2002961008-KW-8WESTMORELAND CNTY PA INDL DEV AUTH REV REF-COML DEV-1ST MTG-K MART-A 6.80005/01/2007 55.000 / 55.000 75.000 / 75.00020.000680
03/13/2002372838-GE-6GEORGETOWN MASS SER C 4.00005/01/2011 80.000 / 100.000 80.000 / 100.00020.00012120
04/01/2002372838-GE-6GEORGETOWN MASS SER C 4.00005/01/2011 80.000 / 100.000 80.000 / 100.00020.00028280
06/27/2002230584-CB-8CUMBERLAND CNTY N C HOSP FACS REV CAP APPREC-REF-CUMBERLAND HOSP 10/01/2008 77.286 / 77.286 79.286 / 97.28620.000430
08/19/200201852L-AA-8ALLIANCE ARPT AUTH INC TEX SPL FACS REV AMERICAN AIRLINES INC PROJ 7.50012/01/2029 55.000 / 55.000 72.500 / 75.00020.000125300
11/25/2002451916-AC-4ILLINOIS DEV FIN AUTH ENVIRONMENTAL FACS REV CITIZENS UTILS CO PROJ 5.90011/15/2028 68.065 / 68.065 88.000 / 88.00019.9354110
07/09/200201852L-AA-8ALLIANCE ARPT AUTH INC TEX SPL FACS REV AMERICAN AIRLINES INC PROJ 7.50012/01/2029 68.875 / 83.000 88.704 / 88.70419.8291395
01/22/200247631N-AF-4JENSEN RANCH PUB FING AUTH CALIF REV RIVER RANCH PROJ-SER A 8.00010/15/2003 24.240 / 24.240 44.000 / 44.00019.7609105
05/21/200274265L-EG-9PRIVATE COLLEGES & UNIVS AUTH GA REV AGNES SCOTT COLLEGE PROJ 4.00006/01/2007 83.125 / 83.125 102.732 / 102.73219.607330
02/13/2002271613-BF-7EAST CHICAGO IND POLLUTN CTL REV INLAND STL CO PROJ NO 5 5.75002/01/2007 33.000 / 51.100 52.500 / 52.50019.5009730
04/02/2002508253-AJ-0LAKE CNTY FLA RES REC INDL DEV REV REF-AMT-NRG/RECOVERY GRP-SER A 5.95010/01/2013 79.500 / 79.500 83.080 / 99.00019.500575
07/24/2002455254-DA-7INDIANAPOLIS IND ARPT AUTH REV SPL FAC-UTD AIR LINES PJ-SER A 6.50011/15/2031 46.500 / 50.700 66.000 / 66.00019.500101325
12/26/2002645913-AA-2NEW JERSEY ECONOMIC DEV AUTH ST PENSION FDG REV SER A 7.42502/15/2029 100.000 / 100.000 119.119 / 119.11919.11921667
03/14/2002574216-ET-0MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV REF-THE JOHN HOPKINS 5.00007/01/2023 79.633 / 95.069 81.008 / 98.70219.0697330
04/29/2002924211-UQ-6VERMONT MUN BD BK SER 1 6.12512/01/2012 106.498 / 106.498 125.541 / 125.54119.043460
01/16/2002791305-LF-0ST LOUIS CNTY MO INDL DEV AUTH INDL REV REF-KMART CORP PROJ 5.70010/01/2008 58.000 / 63.500 77.000 / 77.00019.00012270
08/19/2002745290-EA-0PUERTO RICO PORTS AUTH REV SPL FACS-AMERICAN AIRLINES-A 6.30006/01/2023 62.285 / 62.285 67.274 / 81.25018.965595
09/26/2002491026-JG-6KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A 7.50002/01/2020 75.500 / 75.500 94.446 / 94.44618.946350
12/10/2002799146-BQ-7SAN PABLO CALIF REDEV AGY REV SINGLE FAMILY MTG 8.00010/01/2011 99.250 / 99.250 118.168 / 118.16818.918210
06/27/2002010621-BE-9ALABAMA ST SPACE SCIENCE EXHIBIT FIN AUTH REV SPACE CAMP DORMITORY PROJ 6.50008/01/2007 68.200 / 68.200 87.100 / 87.10018.900525
10/02/2002939741-GZ-1WASHINGTON ST ZERO CPN 08/01/2007 67.810 / 67.810 75.810 / 86.63818.828519
08/15/2002716220-AV-0PETERSBURG IND POLLUTN CTL REV REF-INDIANAPOLIS PWR & LT-C 5.50010/01/2023 80.076 / 80.076 98.836 / 98.83618.760355
01/08/200213077Y-AL-0CALIFORNIA STATEWIDE CMNTYS DEV AUTH SPL FACS REV UNITED AIR LINES-SER A 5.70010/01/2034 72.500 / 72.500 76.570 / 91.21018.71014785
02/13/2002455254-DA-7INDIANAPOLIS IND ARPT AUTH REV SPL FAC-UTD AIR LINES PJ-SER A 6.50011/15/2031 45.030 / 50.000 47.030 / 63.69418.664101195
02/04/200223061E-AK-3CUMBERLAND CNTY PA INDL DEV AUTH REV REF-1ST MTG-WOODS CEDAR RUN-A 6.50011/01/2028 33.500 / 33.500 52.000 / 52.00018.500550
10/02/2002491026-JG-6KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A 7.50002/01/2020 78.500 / 78.500 97.000 / 97.00018.5005180
10/18/2002785652-BW-7SABINE RIVER AUTH TEX POLLUTN CTL REV ADJ-REF-TXU ELEC CO PJ-SER A 5.50005/01/2022 83.500 / 102.000 84.250 / 102.00018.50089085
02/07/2002745268-TT-9PUERTO RICO ELEC PWR AUTH PWR REV SER X 6.00007/01/2015 112.650 / 112.650 112.607 / 131.11318.46383100









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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