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2004/Q2 Worst Bid-side Spreads
Here is the 2004/Q2 list of the one hundred worst "bid-side" spreads when comparing lowest bid to highest bid. 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 |
Spread |
Offer Side Customer Purchase from Dealer |
# of Trades |
Volume (000) |
| 05/24/2004 | CARLSBAD CALIF IMPT BD ACT 1915 ASSMT DIST-NO-2003-01 | 5.950 | 09/02/2025 | | 899.811 | | 3 | 750 | |
| 05/19/2004 | FLORIDA ST MUN PWR AGY REV ARS-SUB-ALL-REQUIREMENTS PWR-2 | 10/01/2030 | | 99.000 | | 5 | 625 | ||
| 06/21/2004 | LONG ISLAND PWR AUTH N Y ELEC SYS REV VAR-GEN-SER N | 12/01/2029 | | 99.000 | | 5 | 1000 | ||
| 06/22/2004 | MASSACHUSETTS ST HSG FIN AGY HSG REV INSD-RENTAL-SER A | 6.600 | 07/01/2014 | | 90.000 | | 5 | 165 | |
| 05/17/2004 | METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV CAP APPREC-MCC | 12/15/2038 | | 84.016 | | 4 | 0 | ||
| 04/22/2004 | NEW YORK ST DORM AUTH REVS MEM SLOAN-KETTERING-A-1-2 | 07/01/2036 | | 75.000 | | 14 | 1975 | ||
| 06/29/2004 | NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV CONTINENTAL AIRLINES INC PJ | 7.200 | 11/15/2030 | | 69.705 | | 4 | 850 | |
| 05/26/2004 | AKRON OHIO INCOME TAX REV ROLS RR II R-259-4 | 12/01/2027 | | 65.600 | | 2 | 100 | ||
| 06/17/2004 | FULTON CNTY GA DEV AUTH SPL FACS REV DELTA AIRLINES INC PROJ | 5.300 | 05/01/2013 | | 57.000 | | 5 | 180 | |
| 04/15/2004 | HILLSBOROUGH CNTY FLA CAP IMPT PROG REV CAP APPREC | 08/01/2022 | | 55.335 | | 4 | 200 | ||
| 06/01/2004 | CALIFORNIA ST DEPT WTR RES PWR SUPPLY REV SER A | 6.000 | 05/01/2013 | | 48.718 | | 2 | 230 | |
| 04/20/2004 | MASSACHUSETTS ST TPK AUTH MET HWY SYS REV CAP APPREC-SR-SER C | 01/01/2019 | | 43.894 | | 3 | 225 | ||
| 05/10/2004 | YORBA LINDA CALIF REDEV AGY TAX ALLOCATION REV CAP APPREC-YORBA LINDA REDEV | 09/01/2014 | | 41.521 | | 3 | 45 | ||
| 06/04/2004 | CAPITAL PROJS FIN AUTH FLA SOLID WASTE DISP REV CAP PJS LN PG-NAMCO METALS- | 7.500 | 08/01/2019 | | 36.250 | | 2 | 125 | |
| 06/14/2004 | TOB SECURITIZATION AUTH NORTHN CALIF TOB SETTLEMENT REV ASSET BKD BDS-SER A | 5.375 | 06/01/2041 | | 29.750 | | 2 | 45 | |
| 04/13/2004 | MARICOPA CNTY ARIZ INDL DEV AUTH MULTI FAMILY HSG REV MERCY BD PPTYS ARIZ I | 6.250 | 07/01/2027 | | 29.050 | | 5 | 185 | |
| 06/03/2004 | NEW YORK ST LOC GOVT ASSISTANCE CORP REF-SUB LIEN-SER A-2 | 5.000 | 04/01/2009 | | 21.396 | | 8 | 1050 | |
| 05/11/2004 | TOBACCO SETTLEMENT FING CORP N J ASSET BKD | 5.750 | 06/01/2032 | | 20.000 | | 17 | 1565 | |
| 06/29/2004 | TOBACCO SETTLEMENT FING CORP N J ASSET BKD | 6.125 | 06/01/2042 | | 18.985 | | 6 | 2005 | |
| 04/13/2004 | MIAMI BEACH FLA HEALTH FACS AUTH HOSP REV MT SINAI MED CTR FLA PROJ | 5.375 | 11/15/2028 | | 17.942 | | 18 | 2180 | |
| 05/17/2004 | KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A | 7.500 | 02/01/2012 | | 17.623 | | 7 | 125 | |
| 04/15/2004 | COLORADO DEPT TRANSN REV REF-TRANSN-REV ANTIC NTS-SER B | 3.250 | 12/15/2010 | | 17.185 | | 2 | 90 | |
| 04/23/2004 | KERN CNTY CALIF PENSION OBLIG CAP APPREC-TAXABLE | 08/15/2021 | | 17.058 | | 2 | 135 | ||
| 04/15/2004 | ST PAUL MINN PORT AUTH INDL DEV REV SER K-1996 LOTTERY | 9.500 | 12/01/2014 | | 17.000 | | 2 | 15 | |
| 06/28/2004 | ALLIANCE ARPT AUTH INC TEX SPL FACS REV AMERICAN AIRLINES INC PROJ | 7.500 | 12/01/2029 | | 17.000 | | 15 | 1705 | |
| 06/07/2004 | SAN MARCOS CALIF PUB FING AUTH REV SER A | 6.250 | 09/02/2022 | | 16.578 | | 3 | 20 | |
| 04/22/2004 | CHARLOTTE N C SPL FACS REV DOUGLAS INTL ARPT-US AIRWAYS | 7.750 | 02/01/2028 | | 16.500 | | 5 | 40 | |
| 04/13/2004 | DOVER N H | 4.500 | 06/15/2013 | | 16.010 | | 3 | 17 | |
| 06/01/2004 | BADGER TOB ASSET SECURITIZATION CORP WIS TOB SETTLEMENT REV ASSET-BKD | 6.125 | 06/01/2027 | | 16.000 | | 38 | 640 | |
| 06/09/2004 | TOBACCO SETTLEMENT REV MGMT AUTH S C TOB SETTLEMENT REV SER B | 6.375 | 05/15/2028 | | 15.145 | | 10 | 140 | |
| 05/26/2004 | LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH MULTIFAMILY REV HSG- | 6.000 | 09/01/2035 | | 14.940 | | 5 | 25 | |
| 05/28/2004 | CALIFORNIA HEALTH FACS FING AUTH REV CATHOLIC HEALTHCARE WEST-SER A | 5.000 | 07/01/2028 | | 14.700 | | 5 | 110 | |
| 05/04/2004 | DALLAS-FORT WORTH TEX INTL ARPT FAC IMPT CORP REV REF-AMERICAN AIRLINES-SER | 6.150 | 05/01/2029 | | 13.750 | | 2 | 45 | |
| 05/18/2004 | MICHIGAN ST STRATEGIC FD LTD OBLIG REV ADJ-REF-DOW CHEMICAL PJ-B-2 | 4.600 | 06/01/2014 | | 13.556 | | 3 | 50 | |
| 05/14/2004 | CHICAGO ILL O HARE INTL ARPT SPL FAC REV REF-UNITED AIR LINES PJ-SER C | 6.300 | 05/01/2016 | | 13.150 | | 6 | 140 | |
| 06/01/2004 | DALLAS FORT WORTH TEX INTL ARPT REV JT-SER A-AMBAC | 5.000 | 11/01/2032 | | 12.760 | | 13 | 175 | |
| 04/15/2004 | CALIFORNIA STATEWIDE CMNTYS DEV AUTH LEASE REV SPL FACS-UNITED AIRLINES-SER | 5.700 | 10/01/2033 | | 12.620 | | 11 | 730 | |
| 05/20/2004 | BADGER TOB ASSET SECURITIZATION CORP WIS TOB SETTLEMENT REV ASSET-BKD | 6.125 | 06/01/2027 | | 12.508 | | 28 | 375 | |
| 06/02/2004 | PIEDMONT MUN PWR AGY S C ELEC REV REF-SER A | 4.750 | 01/01/2025 | | 12.478 | | 6 | 120 | |
| 06/21/2004 | CALIFORNIA STATEWIDE CMNTYS DEV AUTH SPL FACS REV UTD AIR LINES INC-LOS ANG | 5.625 | 10/01/2034 | | 12.170 | | 3 | 270 | |
| 05/24/2004 | HOUSTON TEX WTR & SWR SYS REV REF-SER A | 5.000 | 12/01/2028 | | 11.955 | | 8 | 155 | |
| 05/06/2004 | HOUSTON TEX ARPT SYS REV AMT-SUB LIEN-SER A | 5.700 | 07/01/2030 | | 11.942 | | 7 | 155 | |
| 06/15/2004 | ILLINOIS HSG DEV AUTH MULTI-FAMILY HSG | 5.000 | 07/01/2025 | | 11.700 | | 3 | 35 | |
| 06/16/2004 | NORTHERN CALIF PWR AGY PUB PWR REV PREREFUNDED | 7.500 | 07/01/2023 | | 11.656 | | 5 | 35 | |
| 05/17/2004 | KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A | 7.125 | 02/01/2021 | | 11.400 | | 7 | 190 | |
| 05/10/2004 | CHILDRENS TR FD P R TOB SETTLEMENT REV ASSET-BKD BDS | 5.500 | 05/15/2039 | | 11.375 | | 2 | 35 | |
| 04/08/2004 | NEW YORK ST MED CARE FACS FIN AGY REV HOSP & NURSING HOME-INSD MTG-C | 5.750 | 08/15/2019 | | 11.328 | | 2 | 25 | |
| 05/11/2004 | CALIFORNIA DESERT PUB FING AUTH REV PUB GOLF COURSE SHADOWROCK-A | 8.000 | 02/15/2003 | | 11.100 | | 5 | 550 | |
| 06/01/2004 | MANATEE CNTY FLA SCH BRD CTFS PARTN | 4.875 | 07/01/2021 | | 11.097 | | 5 | 60 | |
| 05/14/2004 | SCOTTSDALE ARIZ PRESV AUTH EXCISE TAX REV | 4.500 | 07/01/2024 | | 11.034 | | 3 | 130 | |
| 04/28/2004 | CHILDRENS TR FD P R TOB SETTLEMENT REV ASSET-BKD BDS | 4.100 | 05/15/2013 | | 10.937 | | 10 | 530 | |
| 05/11/2004 | ROBBINS ILL RES RECOVERY REV RESTRUCTURING PROJ-SER C | 7.250 | 10/15/2024 | | 10.933 | | 4 | 71 | |
| 04/26/2004 | WASHINGTON ST HEALTH CARE FACS AUTH REV PREREFUNDED-2003-SISTERS PROV | 5.000 | 10/01/2019 | | 10.910 | | 7 | 95 | |
| 06/15/2004 | ATLANTA GA WTR & WASTEWTR REV SER A-UNREFUNDED BALANCE | 5.000 | 11/01/2029 | | 10.904 | | 9 | 115 | |
| 04/20/2004 | NEW YORK ST LOC GOVT ASSISTANCE CORP REF-SER E | 6.000 | 04/01/2014 | | 10.875 | | 7 | 180 | |
| 05/24/2004 | KING CNTY WASH SCH DIST NO 210 FEDERAL WAY | 4.150 | 06/01/2012 | | 10.812 | | 3 | 75 | |
| 04/14/2004 | KENNETT PA CONS SCH DIST SER B | 3.450 | 02/15/2014 | | 10.810 | | 2 | 30 | |
| 06/15/2004 | HOUSTON TEX WTR & SWR SYS REV REF-JR LIEN-SER A | 5.000 | 12/01/2030 | | 10.768 | | 6 | 245 | |
| 06/15/2004 | TURLOCK CALIF IRR DIST REV REF-SER A | 6.000 | 01/01/2008 | | 10.705 | | 3 | 270 | |
| 06/29/2004 | CONNECTICUT ST HEALTH & EDL FACS AUTH REV YALE NEW HAVEN HOSP | 7.000 | 07/01/2012 | | 10.660 | | 3 | 275 | |
| 06/01/2004 | TOBACCO SETTLEMENT AUTH WASH TOB SETTLEMENT REV ASSET BACKED | 6.500 | 06/01/2026 | | 10.625 | | 3 | 30 | |
| 05/25/2004 | ERIE CNTY N Y TOB ASSET SECURITIZATION CORP TOB SETTLEMENT REV ASSET BKD-SR | 6.250 | 07/15/2040 | | 10.250 | | 10 | 240 | |
| 04/12/2004 | KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A | 7.500 | 02/01/2012 | | 10.025 | | 6 | 70 | |
| 05/13/2004 | ALDINE TEX INDPT SCH DIST SER A | 5.125 | 02/15/2012 | | 10.000 | | 4 | 210 | |
| 05/13/2004 | GREENVILLE HOSP SYS S C HOSP FACS REV | 5.000 | 05/01/2031 | | 10.000 | | 3 | 50 | |
| 06/10/2004 | NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV REF-FIRST MTG-UNITED CHU | 5.400 | 09/01/2024 | | 9.981 | | 3 | 105 | |
| 04/16/2004 | JEFFERSON CNTY ALA SWR REV WTS | 7.500 | 09/01/2013 | | 9.968 | | 6 | 30 | |
| 06/15/2004 | METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV CAP APPREC-MCC | 06/15/2017 | | 9.950 | | 2 | 70 | ||
| 05/20/2004 | DALLAS-FORT WORTH TEX INTL ARPT FAC IMPT CORP REV DELTA AIR LINES INC | 7.625 | 11/01/2021 | | 9.875 | | 10 | 150 | |
| 05/13/2004 | SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV AMT-2ND SER-ISSUE | 5.625 | 05/01/2021 | | 9.864 | | 6 | 205 | |
| 06/16/2004 | TOBACCO SETTLEMENT FING CORP N J ASSET BKD | 5.750 | 06/01/2032 | | 9.750 | | 5 | 125 | |
| 04/05/2004 | NEW JERSEY ST HWY AUTH GARDEN ST PKWY GEN REV | 6.500 | 01/01/2011 | | 9.701 | | 4 | 20 | |
| 06/14/2004 | MISSOURI HIGHER ED LN AUTH STUDENT LN REV SR-SER B | 5.100 | 01/15/2022 | | 9.700 | | 3 | 30 | |
| 05/21/2004 | SCOTTSDALE ARIZ PRESV AUTH EXCISE TAX REV | 4.750 | 07/01/2019 | | 9.682 | | 4 | 60 | |
| 06/29/2004 | MAINE GOVERNMENTAL FACS AUTH LEASE RENT REV | 5.625 | 10/01/2019 | | 9.617 | | 5 | 45 | |
| 06/01/2004 | OHIO HSG FIN AGY MTG REV AMT-RESIDENTIAL-SER A-1 | 5.400 | 09/01/2029 | | 9.605 | | 3 | 123 | |
| 05/06/2004 | MARYLAND ST ECONOMIC DEV CORP LEASE REV MD AVIATION ADMIN FACS | 4.900 | 06/01/2030 | | 9.549 | | 5 | 40 | |
| 04/20/2004 | KENTON CNTY KY ARPT BRD ARPT REV SPL FACS-DELTA AIRLINES PJ-A | 7.500 | 02/01/2020 | | 9.470 | | 6 | 1065 | |
| 06/14/2004 | LAKELAND FLA ELEC & WTR REV | 5.625 | 10/01/2036 | | 9.432 | | 4 | 1300 | |
| 05/10/2004 | SHELBY CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV PREREFUNDED-METHODIST HL | 5.500 | 08/01/2012 | | 9.309 | | 4 | 40 | |
| 06/14/2004 | MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH WTR FAC REV ST LOUIS CNTY | 5.000 | 03/01/2029 | | 9.300 | | 4 | 20 | |
| 05/11/2004 | FULTON CNTY GA WTR & SEW REV | 4.750 | 01/01/2028 | | 9.295 | | 9 | 225 | |
| 06/15/2004 | MISSOURI ST HEALTH & EDL FACS AUTH REV SSM HEALTH CARE-SER A | 5.000 | 06/01/2022 | | 9.294 | | 9 | 170 | |
| 05/10/2004 | DALLAS-FORT WORTH TEX INTL ARPT FAC IMPT CORP REV DELTA AIR LINES INC | 7.125 | 11/01/2026 | | 9.250 | | 2 | 25 | |
| 04/14/2004 | PORT AUTH N Y & N J CONS-ONE HUNDRED SIXTEENTH SER | 4.250 | 10/01/2026 | | 9.044 | | 26 | 665 | |
| 04/15/2004 | CALIFORNIA DESERT PUB FING AUTH REV PUB GOLF COURSE SHADOWROCK-A | 8.000 | 02/15/2003 | | 9.000 | | 4 | 95 | |
| 06/29/2004 | CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV KAISER PERMANENTE-SER H | 2.625 | 04/01/2034 | | 8.981 | | 55 | 2010 | |
| 06/30/2004 | VENICE FLA HEALTH CARE REV BON SECOURS HEALTH SYS PROJ | 5.625 | 08/15/2026 | | 8.980 | | 5 | 155 | |
| 04/15/2004 | ILLINOIS SPORTS FACS AUTH ST TAX SUPPORTED | 5.000 | 06/15/2032 | | 8.912 | | 13 | 220 | |
| 04/20/2004 | SAN DIEGO CALIF CTFS UNDIVIDED INT WTR UTIL FD NET SYS REV | 4.750 | 08/01/2028 | | 8.900 | | 7 | 635 | |
| 06/01/2004 | CHICAGO ILL O HARE INTL ARPT SPL FAC REV REF-UNITED AIR LINES PJ-SER C | 6.300 | 05/01/2016 | | 8.850 | | 3 | 135 | |
| 06/14/2004 | MISSOURI ST ENVIRONMENTAL IMPT & ENERGY RES AUTH WTR FAC REV ST LOUIS CNTY | 5.500 | 11/01/2026 | | 8.840 | | 4 | 30 | |
| 05/12/2004 | TOBACCO SETTLEMENT FING CORP N J ASSET BKD | 6.125 | 06/01/2042 | | 8.762 | | 8 | 855 | |
| 04/30/2004 | NORTH CENT TEX HEALTH FAC DEV CORP REV HOSP-PRESBYTERIAN HLTHCARE-B | 5.500 | 06/01/2021 | | 8.725 | | 4 | 25 | |
| 06/07/2004 | NEW YORK N Y PREREFUNDED-F | 5.750 | 02/01/2012 | | 8.722 | | 6 | 60 | |
| 06/25/2004 | NEW YORK ST DORM AUTH REVS CITY UNIV SYS CONS-SER D | 7.000 | 07/01/2009 | | 8.700 | | 4 | 100 | |
| 06/07/2004 | TOBACCO SETTLEMENT REV MGMT AUTH S C TOB SETTLEMENT REV SER B | 6.000 | 05/15/2022 | | 8.623 | | 5 | 40 | |
| 05/19/2004 | HOUSTON TEX WTR & SWR SYS REV REF-JR LIEN-SER A | 5.000 | 12/01/2022 | | 8.542 | | 2 | 251 | |
| 04/22/2004 | DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A | 5.000 | 07/01/2027 | | 8.500 | | 4 | 120 | |
| 04/27/2004 | PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV USG CORP PROJ | 6.000 | 06/01/2031 | | 8.500 | | 11 | 275 |
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 :