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Here is the list of yesterday's worst Municipal Bond spreads.
Note: Because of pressure from MunicipalBonds.com and increasing coverage about pricing problems in the Muni Markets, on June 23, 2003 the Muni industry finally started releasing full next-day trade reports. This includes a Municipal Bond that traded only once...or "1 trade" markets.
Because MunicipalBonds.com currently studies only same-day spread problems, the additional reporting of "1 trade" markets is not applicable to Worst Spread reports...there needs to be at least two trades to create and judge a spread.
All Information for Trade Date: 01/22/2008.
| CUSIP | Municipal Bond Name / Description | Coupon | Maturity | Bid Side Customer Sold to Dealer |
Offer Side Customer Purchase from Dealer |
Spread |
# of Trades |
Volume (000) |
| LOS ANGELES CALIF CMNTY REDEV AGY TAX ALLOC-HOLLYWOOD REDEV PJ-C | 5.000 | 07/01/2022 | | | 12.928 | 2 | 30 | |
| RALEIGH DURHAM N C ARPT AUTH ARPT REV SER A | 5.000 | 11/01/2021 | | | 10.470 | 8 | 300 | |
| KENT CNTY DEL STUDENT HSG REV REF-DEL ST UNIV PROJ-SER A | 5.000 | 07/01/2025 | | | 10.113 | 9 | 180 | |
| PORT AUTH N Y & N J CONS-ONE HUNDRED FORTY-SIXTH | 4.500 | 12/01/2034 | | | 9.750 | 8 | 125 | |
| PORT AUTH N Y & N J CONS-ONE HUNDRED FORTY FIRST | 4.500 | 09/01/2035 | | | 8.624 | 9 | 695 | |
| SUNRISE FLA UTIL SYS REV REF | 5.000 | 10/01/2028 | | | 7.904 | 4 | 25+3 | |
| BERKELEY CNTY S C WTR & SWR REV UNREFUNDED BALANCE-SYS | 5.000 | 06/01/2028 | | | 7.758 | 3 | 40 | |
| TSASC INC N Y REV SER 1 | 5.000 | 06/01/2034 | | | 7.471 | 3 | 160 | |
| CALIFORNIA STATEWIDE FING AUTH TOBACCO SETTLEMENT ASSET BKD-POOLED TOBACCO SEC-A | 5.625 | 05/01/2029 | | | 7.421 | 3 | 50 | |
| MISSISSIPPI BUSINESS FIN CORP MISS POLLUTN CTL REV SYS ENERGY RES INC PJ | 5.875 | 04/01/2022 | | | 7.400 | 8 | 1220 |
| CUSIP | Municipal Bond Name / Description | Coupon | Maturity | Bid Side Customer Sold to Dealer |
Spread |
Offer Side Customer Purchase from Dealer |
# of Trades |
Volume (000) |
| ALLEGHENY CNTY PA HOSP DEV AUTH REV HOSP-PITTSBURGH MERCY HLTH SYS | 5.625 | 08/15/2026 | | 8.742 | | 3 | 55 | |
| SHELBY CNTY TENN HEALTH EDL & HSG FACS BRD REV LE BONHUER CHILDRENS MED CTR-D | 5.500 | 08/15/2019 | | 8.160 | | 2 | 85 | |
| SUNRISE FLA UTIL SYS REV REF | 5.000 | 10/01/2028 | | 7.895 | | 4 | 25+3 | |
| RALEIGH DURHAM N C ARPT AUTH ARPT REV SER A | 5.000 | 11/01/2021 | | 7.470 | | 8 | 300 | |
| MISSISSIPPI BUSINESS FIN CORP MISS POLLUTN CTL REV SYS ENERGY RES INC PJ | 5.875 | 04/01/2022 | | 6.600 | | 8 | 1220 | |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV HACKENSACK UNIV MED CTR | 6.000 | 01/01/2025 | | 5.682 | | 3 | 45 | |
| NEW JERSEY ECONOMIC DEV AUTH REV MOTOR VEHICLE COMMN-SER A | 0.000 | 07/01/2013 | | 5.185 | | 5 | 170 | |
| LOS ANGELES CALIF DEPT WTR & PWR REV PWR SYS-SER A | 4.000 | 07/01/2009 | | 5.008 | | 2 | 55 | |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV SECOND SER-ISSUE 26B | 5.000 | 05/01/2030 | | 4.757 | | 4 | 50 | |
| SWEETWATER CALIF UN HIGH SCH DIST ELECTION OF 2000-SER B | 4.250 | 08/01/2026 | | 4.449 | | 5 | 655 |
| CUSIP | Municipal Bond Name / Description | Coupon | Maturity | Bid Side Customer Sold to Dealer |
Offer Side Customer Purchase from Dealer |
Spread |
# of Trades |
Volume (000) |
| RALEIGH DURHAM N C ARPT AUTH ARPT REV SER A | 5.000 | 11/01/2021 | | | 7.670 | 8 | 300 | |
| PUERTO RICO CONVENTION CTR DIST AUTH HOTEL OCCUPANCY TAX SER A | 4.500 | 07/01/2036 | | | 6.615 | 12 | 530 | |
| OMAHA PUB PWR DIST NEB ELEC REV SER A | 4.150 | 02/01/2018 | | | 4.766 | 2 | 50 | |
| BERKELEY CNTY S C WTR & SWR REV UNREFUNDED BALANCE-SYS | 5.000 | 06/01/2028 | | | 4.258 | 3 | 40 | |
| NORTH BEND WASH | 5.100 | 12/01/2026 | | | 4.131 | 3 | 500 | |
| NEW YORK ST URBAN DEV CORP REV ST PERS INCOME TAX-SER C | 4.500 | 03/15/2037 | | | 4.113 | 7 | 1620 | |
| RURAL ENTERPRISES OKLA INC STUDENT HSG REV CDF STUDENT HSG LLC-SER A | 5.650 | 11/01/2031 | | | 4.000 | 8 | 715 | |
| STATE PUB SCH BLDG AUTH PA REV LEHIGH CAREER & TECH INST | 4.250 | 10/01/2032 | | | 3.990 | 3 | 70 | |
| COLUMBUS OHIO SWR REV SYS-SER A | 4.250 | 06/01/2030 | | | 3.981 | 61 | 6810 | |
| MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV SER A | 4.500 | 08/15/2035 | | | 3.839 | 7 | 1585 |
For the complete
Red Flag list, please go here.
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 :