Accessible Version

Accessible Version

Municipal Bonds

Municipal Bond Spreads, by Rating

Percent

Period Triple-A Triple-B
1-Jan-19 NA NA
2-Jan-19 -0.25 0.76
3-Jan-19 -0.21 0.78
4-Jan-19 -0.3 0.7
7-Jan-19 -0.34 0.67
8-Jan-19 -0.35 0.67
9-Jan-19 -0.35 0.67
10-Jan-19 -0.36 0.67
11-Jan-19 -0.36 0.68
14-Jan-19 -0.37 0.64
15-Jan-19 -0.39 0.64
16-Jan-19 -0.38 0.65
17-Jan-19 -0.4 0.65
18-Jan-19 -0.43 0.62
21-Jan-19 NA NA
22-Jan-19 -0.4 0.65
23-Jan-19 -0.38 0.66
24-Jan-19 -0.36 0.69
25-Jan-19 -0.38 0.66
28-Jan-19 -0.38 0.65
29-Jan-19 -0.36 0.67
30-Jan-19 -0.37 0.65
31-Jan-19 -0.34 0.72
1-Feb-19 -0.4 0.67
4-Feb-19 -0.42 0.64
5-Feb-19 -0.41 0.65
6-Feb-19 -0.4 0.65
7-Feb-19 -0.39 0.67
8-Feb-19 -0.39 0.67
11-Feb-19 -0.41 0.64
12-Feb-19 -0.43 0.62
13-Feb-19 -0.44 0.62
14-Feb-19 -0.41 0.65
15-Feb-19 -0.41 0.65
18-Feb-19 NA NA
19-Feb-19 -0.41 0.64
20-Feb-19 -0.41 0.63
21-Feb-19 -0.44 0.6
22-Feb-19 -0.43 0.62
25-Feb-19 -0.45 0.6
26-Feb-19 -0.43 0.61
27-Feb-19 -0.49 0.54
28-Feb-19 -0.51 0.53
1-Mar-19 -0.52 0.51
4-Mar-19 -0.48 0.55
5-Mar-19 -0.48 0.54
6-Mar-19 -0.47 0.56
7-Mar-19 -0.45 0.56
8-Mar-19 -0.43 0.58
11-Mar-19 -0.46 0.54
12-Mar-19 -0.44 0.57
13-Mar-19 -0.44 0.57
14-Mar-19 -0.45 0.53
15-Mar-19 -0.42 0.56
18-Mar-19 -0.44 0.53
19-Mar-19 -0.45 0.52
20-Mar-19 -0.4 0.55
21-Mar-19 -0.42 0.53
22-Mar-19 -0.39 0.56
25-Mar-19 -0.39 0.55
26-Mar-19 -0.38 0.55
27-Mar-19 -0.38 0.56
28-Mar-19 -0.38 0.56
29-Mar-19 -0.39 0.55
1-Apr-19 -0.45 0.48
2-Apr-19 -0.44 0.5
3-Apr-19 -0.46 0.47
4-Apr-19 -0.43 0.5
5-Apr-19 -0.42 0.51
8-Apr-19 -0.45 0.48
9-Apr-19 -0.44 0.48
10-Apr-19 -0.41 0.5
11-Apr-19 -0.44 0.48
12-Apr-19 -0.49 0.43
15-Apr-19 -0.48 0.43
16-Apr-19 -0.52 0.4
17-Apr-19 -0.51 0.42
18-Apr-19 -0.49 0.45
19-Apr-19 NA NA
22-Apr-19 -0.53 0.4
23-Apr-19 -0.51 0.4
24-Apr-19 -0.49 0.42
25-Apr-19 -0.5 0.4
26-Apr-19 -0.51 0.39
29-Apr-19 -0.54 0.35
30-Apr-19 -0.5 0.38
1-May-19 -0.52 0.36
2-May-19 -0.54 0.34
3-May-19 -0.54 0.35
6-May-19 -0.53 0.34
7-May-19 -0.5 0.38
8-May-19 -0.54 0.3
9-May-19 -0.52 0.32
10-May-19 -0.55 0.31
13-May-19 -0.5 0.34
14-May-19 -0.53 0.29
15-May-19 -0.51 0.31
16-May-19 -0.54 0.27
17-May-19 -0.52 0.29
20-May-19 -0.56 0.26
21-May-19 -0.55 0.26
22-May-19 -0.52 0.29
23-May-19 -0.46 0.35
24-May-19 -0.48 0.34
27-May-19 NA NA
28-May-19 -0.43 0.38
29-May-19 -0.43 0.36
30-May-19 -0.41 0.39
31-May-19 -0.35 0.45
3-Jun-19 -0.3 0.48
4-Jun-19 -0.37 0.42
5-Jun-19 -0.37 0.4
6-Jun-19 -0.37 0.41
7-Jun-19 -0.34 0.43
10-Jun-19 -0.39 0.39
11-Jun-19 -0.38 0.4
12-Jun-19 -0.36 0.4
13-Jun-19 -0.33 0.43
14-Jun-19 -0.33 0.43
17-Jun-19 -0.32 0.43
18-Jun-19 -0.3 0.46
19-Jun-19 -0.28 0.47
20-Jun-19 -0.28 0.48
21-Jun-19 -0.34 0.41
24-Jun-19 -0.3 0.44
25-Jun-19 -0.29 0.45
26-Jun-19 -0.34 0.4
27-Jun-19 -0.3 0.45
28-Jun-19 -0.29 0.45
1-Jul-19 -0.33 0.43
2-Jul-19 -0.27 0.5
3-Jul-19 -0.25 0.53
4-Jul-19 NA NA
5-Jul-19 -0.34 0.45
8-Jul-19 -0.35 0.45
9-Jul-19 -0.37 0.42
10-Jul-19 -0.4 0.4
11-Jul-19 -0.46 0.34
12-Jul-19 -0.46 0.35
15-Jul-19 -0.45 0.37
16-Jul-19 -0.47 0.34
17-Jul-19 -0.42 0.4
18-Jul-19 -0.41 0.4
19-Jul-19 -0.42 0.39
22-Jul-19 -0.43 0.37
23-Jul-19 -0.46 0.34
24-Jul-19 -0.45 0.36
25-Jul-19 -0.47 0.33
26-Jul-19 -0.47 0.33
29-Jul-19 -0.47 0.36
30-Jul-19 -0.47 0.34
31-Jul-19 -0.43 0.38
1-Aug-19 -0.33 0.46
2-Aug-19 -0.33 0.47
5-Aug-19 -0.32 0.5
6-Aug-19 -0.31 0.53
7-Aug-19 -0.35 0.49
8-Aug-19 -0.33 0.5
9-Aug-19 -0.36 0.48
12-Aug-19 -0.28 0.56
13-Aug-19 -0.3 0.54
14-Aug-19 -0.23 0.57
15-Aug-19 -0.18 0.63
16-Aug-19 -0.2 0.6
19-Aug-19 -0.25 0.52
20-Aug-19 -0.2 0.59
21-Aug-19 -0.23 0.56
22-Aug-19 -0.23 0.55
23-Aug-19 -0.15 0.63
26-Aug-19 -0.17 0.61
27-Aug-19 -0.12 0.66
28-Aug-19 -0.13 0.65
29-Aug-19 -0.14 0.63
30-Aug-19 -0.13 0.61
2-Sep-19 NA NA
3-Sep-19 -0.13 0.63
4-Sep-19 -0.13 0.62
5-Sep-19 -0.18 0.57
6-Sep-19 -0.14 0.61
9-Sep-19 -0.21 0.54
10-Sep-19 -0.24 0.49
11-Sep-19 -0.23 0.51
12-Sep-19 -0.24 0.5
13-Sep-19 -0.25 0.48
16-Sep-19 -0.18 0.56
17-Sep-19 -0.12 0.61
18-Sep-19 -0.16 0.57
19-Sep-19 -0.16 0.59
20-Sep-19 -0.13 0.62
23-Sep-19 -0.15 0.59
24-Sep-19 -0.11 0.64
25-Sep-19 -0.18 0.56
26-Sep-19 -0.15 0.62
27-Sep-19 -0.12 0.63
30-Sep-19 -0.12 0.64
1-Oct-19 -0.11 0.64
2-Oct-19 -0.1 0.65
3-Oct-19 -0.08 0.66
4-Oct-19 -0.07 0.69
7-Oct-19 -0.13 0.64
8-Oct-19 -0.16 0.61
9-Oct-19 -0.2 0.57
10-Oct-19 -0.25 0.53
11-Oct-19 -0.28 0.49
14-Oct-19 NA NA
15-Oct-19 -0.27 0.49
16-Oct-19 -0.25 0.51
17-Oct-19 -0.22 0.53
18-Oct-19 -0.22 0.53
21-Oct-19 -0.25 0.5
22-Oct-19 -0.21 0.58
23-Oct-19 -0.21 0.59
24-Oct-19 -0.2 0.59
25-Oct-19 -0.23 0.55
28-Oct-19 -0.27 0.51
29-Oct-19 -0.26 0.52
30-Oct-19 -0.2 0.58
31-Oct-19 -0.17 0.58
1-Nov-19 -0.2 0.55
4-Nov-19 -0.25 0.49
5-Nov-19 -0.29 0.45
6-Nov-19 -0.25 0.49
7-Nov-19 -0.31 0.45
8-Nov-19 -0.32 0.43
11-Nov-19 NA NA
12-Nov-19 -0.31 0.44
13-Nov-19 -0.29 0.45
14-Nov-19 -0.26 0.47
15-Nov-19 -0.27 0.45
18-Nov-19 -0.26 0.46
19-Nov-19 -0.23 0.49
20-Nov-19 -0.21 0.51
21-Nov-19 -0.25 0.48
22-Nov-19 -0.24 0.49
25-Nov-19 -0.23 0.48
26-Nov-19 -0.23 0.5
27-Nov-19 -0.26 0.47
28-Nov-19 NA NA
29-Nov-19 -0.27 0.47
2-Dec-19 -0.32 0.42
3-Dec-19 -0.23 0.5
4-Dec-19 -0.28 0.44
5-Dec-19 -0.31 0.42
6-Dec-19 -0.33 0.4
9-Dec-19 -0.34 0.4
10-Dec-19 -0.35 0.39
11-Dec-19 -0.32 0.4
12-Dec-19 -0.42 0.31
13-Dec-19 -0.34 0.38
16-Dec-19 -0.41 0.31
17-Dec-19 -0.43 0.27
18-Dec-19 -0.46 0.23
19-Dec-19 -0.43 0.27
20-Dec-19 -0.44 0.27
23-Dec-19 -0.44 0.24
24-Dec-19 -0.42 0.27
25-Dec-19 NA NA
26-Dec-19 -0.42 0.27
27-Dec-19 -0.41 0.28
30-Dec-19 -0.45 0.27
31-Dec-19 -0.45 0.29
1-Jan-20 NA NA
2-Jan-20 -0.43 0.32
3-Jan-20 -0.4 0.35
6-Jan-20 -0.43 0.31
7-Jan-20 -0.47 0.27
8-Jan-20 -0.53 0.21
9-Jan-20 -0.49 0.24
10-Jan-20 -0.47 0.28
13-Jan-20 -0.5 0.25
14-Jan-20 -0.49 0.26
15-Jan-20 -0.47 0.27
16-Jan-20 -0.51 0.23
17-Jan-20 -0.55 0.17
20-Jan-20 NA NA
21-Jan-20 -0.5 0.21
22-Jan-20 -0.5 0.22
23-Jan-20 -0.48 0.25
24-Jan-20 -0.45 0.27
27-Jan-20 -0.39 0.32
28-Jan-20 -0.44 0.27
29-Jan-20 -0.38 0.32
30-Jan-20 -0.38 0.31
31-Jan-20 -0.33 0.37
3-Feb-20 -0.33 0.35
4-Feb-20 -0.38 0.3
5-Feb-20 -0.41 0.28
6-Feb-20 -0.37 0.3
7-Feb-20 -0.34 0.33
10-Feb-20 -0.33 0.35
11-Feb-20 -0.35 0.32
12-Feb-20 -0.4 0.27
13-Feb-20 -0.38 0.28
14-Feb-20 -0.36 0.3
17-Feb-20 NA NA
18-Feb-20 -0.35 0.3
19-Feb-20 -0.37 0.29
20-Feb-20 -0.33 0.31
21-Feb-20 -0.31 0.31
24-Feb-20 -0.31 0.31
25-Feb-20 -0.29 0.31
26-Feb-20 -0.29 0.3
27-Feb-20 -0.28 0.29
28-Feb-20 -0.13 0.42
2-Mar-20 -0.14 0.41
3-Mar-20 -0.06 0.47
4-Mar-20 -0.08 0.46
5-Mar-20 0.02 0.58
6-Mar-20 0.16 0.81
9-Mar-20 0.27 1.05
10-Mar-20 0.12 0.97
11-Mar-20 0.4 1.34
12-Mar-20 0.74 1.79
13-Mar-20 0.7 1.84
16-Mar-20 0.98 2.12
17-Mar-20 0.74 1.91
18-Mar-20 0.8 2.1
19-Mar-20 1.36 2.88
20-Mar-20 2.17 3.65
23-Mar-20 2.21 3.8
24-Mar-20 1.88 3.58
25-Mar-20 1.08 3.02
26-Mar-20 0.61 2.54
27-Mar-20 0.64 2.55
30-Mar-20 0.64 2.54
31-Mar-20 0.7 2.62
1-Apr-20 1.08 3.22
2-Apr-20 1.18 3.31
3-Apr-20 1.02 3.21
6-Apr-20 0.86 3.11
7-Apr-20 0.74 3.08
8-Apr-20 0.65 3.01
9-Apr-20 0.61 2.88
10-Apr-20 NA NA
13-Apr-20 0.5 2.77
14-Apr-20 0.47 2.68
15-Apr-20 0.6 2.8
16-Apr-20 0.64 2.84
17-Apr-20 0.58 2.82
20-Apr-20 0.63 2.86
21-Apr-20 0.72 2.97
22-Apr-20 0.71 2.99
23-Apr-20 0.79 3.11
24-Apr-20 0.84 3.15
27-Apr-20 0.79 3.1
28-Apr-20 0.89 3.22
29-Apr-20 0.91 3.3
30-Apr-20 0.89 3.25
1-May-20 0.82 3.23
4-May-20 0.78 3.19
5-May-20 0.73 3.24
6-May-20 0.63 3.15
7-May-20 0.71 3.23
8-May-20 0.58 3.13
11-May-20 0.51 3.1
12-May-20 0.55 3.16
13-May-20 0.56 3.19
14-May-20 0.55 3.19
15-May-20 0.48 3.13
18-May-20 0.35 3.02
19-May-20 NA NA
20-May-20 0.3 2.98
21-May-20 0.28 2.89
22-May-20 0.26 2.88
25-May-20 NA NA
26-May-20 0.18 2.79
27-May-20 0.19 2.79
28-May-20 0.16 2.68
29-May-20 0.21 2.67
1-Jun-20 0.2 2.61
2-Jun-20 0.18 2.55
3-Jun-20 0.1 2.39
4-Jun-20 0.05 2.26
5-Jun-20 0 2.15
8-Jun-20 0.02 2.15
9-Jun-20 0.06 2.15
10-Jun-20 0.13 2.17
11-Jun-20 0.22 2.22
12-Jun-20 0.17 2.15
15-Jun-20 0.16 2.17
16-Jun-20 0.11 2.1
17-Jun-20 0.15 2.11
18-Jun-20 0.19 2.13
19-Jun-20 0.19 2.12
22-Jun-20 0.18 2.1
23-Jun-20 0.17 2.07
24-Jun-20 0.21 2.1
25-Jun-20 0.21 2.1
26-Jun-20 0.25 2.14
29-Jun-20 0.24 2.1
30-Jun-20 0.23 2.05
1-Jul-20 0.21 2.04
2-Jul-20 0.22 2.04
3-Jul-20 NA NA
6-Jul-20 0.19 1.99
7-Jul-20 0.23 2.03
8-Jul-20 0.22 2
9-Jul-20 0.27 2.03
10-Jul-20 0.2 1.97
13-Jul-20 0.2 1.94
14-Jul-20 0.19 1.92
15-Jul-20 0.16 1.88
16-Jul-20 0.17 1.87
17-Jul-20 0.14 1.84
20-Jul-20 0.13 1.81
21-Jul-20 0.14 1.79
22-Jul-20 0.14 1.8
23-Jul-20 0.15 1.8
24-Jul-20 0.15 1.79
27-Jul-20 0.12 1.75
28-Jul-20 0.15 1.77
29-Jul-20 0.13 1.73
30-Jul-20 0.16 1.73
31-Jul-20 0.16 1.72
3-Aug-20 0.13 1.68
4-Aug-20 0.16 1.7
5-Aug-20 0.11 1.65
6-Aug-20 0.11 1.64
7-Aug-20 0.07 1.61
10-Aug-20 0.03 1.55
11-Aug-20 -0.02 1.46
12-Aug-20 -0.05 1.43
13-Aug-20 -0.06 1.42
14-Aug-20 -0.04 1.42
17-Aug-20 -0.02 1.42
18-Aug-20 0.01 1.47
19-Aug-20 0.01 1.43
20-Aug-20 0.07 1.5
21-Aug-20 0.08 1.51
24-Aug-20 0.07 1.51
25-Aug-20 0.04 1.48
26-Aug-20 0.04 1.47
27-Aug-20 -0.01 1.4
28-Aug-20 -0.01 1.4
31-Aug-20 0.03 1.45
1-Sep-20 0.08 1.53
2-Sep-20 0.12 1.58
3-Sep-20 0.16 1.62
4-Sep-20 0.05 1.52
7-Sep-20 NA NA
8-Sep-20 0.07 1.54
9-Sep-20 0.05 1.51
10-Sep-20 0.08 1.56
11-Sep-20 0.08 1.57
14-Sep-20 0.07 1.57
15-Sep-20 0.07 1.54
16-Sep-20 0.05 1.54
17-Sep-20 0.06 1.53
18-Sep-20 0.04 1.51
21-Sep-20 0.05 1.57
22-Sep-20 0.06 1.58
23-Sep-20 0.05 1.59
24-Sep-20 0.08 1.63
25-Sep-20 0.09 1.65
28-Sep-20 0.08 1.62
29-Sep-20 0.09 1.67
30-Sep-20 0.08 1.68
1-Oct-20 0.1 1.71
2-Oct-20 0.08 1.68
5-Oct-20 0 1.6
6-Oct-20 0.04 1.64
7-Oct-20 0.01 1.61
8-Oct-20 0.05 1.65
9-Oct-20 0.04 1.64
12-Oct-20 NA NA
13-Oct-20 0.08 1.68
14-Oct-20 0.09 1.7
15-Oct-20 0.07 1.69
16-Oct-20 0.07 1.68
19-Oct-20 0.04 1.64
20-Oct-20 0.01 1.61
21-Oct-20 -0.01 1.55
22-Oct-20 -0.04 1.52
23-Oct-20 -0.02 1.57
26-Oct-20 0.02 1.55
27-Oct-20 0.04 1.56
28-Oct-20 0.04 1.58
29-Oct-20 -0.02 1.53
30-Oct-20 -0.06 1.49
2-Nov-20 -0.02 1.53
3-Nov-20 -0.06 1.5
4-Nov-20 0.01 1.6
5-Nov-20 0 1.59
6-Nov-20 -0.07 1.52
9-Nov-20 -0.18 1.4
10-Nov-20 -0.2 1.37
11-Nov-20 NA NA
12-Nov-20 -0.1 1.46
13-Nov-20 -0.13 1.43
16-Nov-20 -0.16 1.4
17-Nov-20 -0.14 1.4
18-Nov-20 -0.17 1.34
19-Nov-20 -0.16 1.31
20-Nov-20 -0.14 1.32
23-Nov-20 -0.17 1.27
24-Nov-20 -0.19 1.22
25-Nov-20 -0.19 1.21
26-Nov-20 NA NA
27-Nov-20 -0.15 1.26
30-Nov-20 -0.16 1.18
1-Dec-20 -0.25 1.08
2-Dec-20 -0.29 0.99
3-Dec-20 -0.25 0.99
4-Dec-20 -0.31 0.9
7-Dec-20 -0.28 0.93
8-Dec-20 -0.26 0.92
9-Dec-20 -0.29 0.89
10-Dec-20 -0.25 0.91
11-Dec-20 -0.24 0.9
14-Dec-20 -0.25 0.93
15-Dec-20 -0.28 0.88
16-Dec-20 -0.29 0.84
17-Dec-20 -0.3 0.8
18-Dec-20 -0.31 0.77
21-Dec-20 -0.31 0.77
22-Dec-20 -0.29 0.8
23-Dec-20 -0.33 0.75
24-Dec-20 -0.31 0.78
25-Dec-20 NA NA
28-Dec-20 -0.32 0.78
29-Dec-20 -0.33 0.76
30-Dec-20 -0.31 0.76
31-Dec-20 -0.32 0.78
1-Jan-21 NA NA
4-Jan-21 -0.33 0.75
5-Jan-21 -0.37 0.69
6-Jan-21 -0.46 0.53
7-Jan-21 -0.49 0.45
8-Jan-21 -0.51 0.42
11-Jan-21 -0.53 0.4
12-Jan-21 -0.52 0.4
13-Jan-21 -0.47 0.44
14-Jan-21 -0.53 0.37
15-Jan-21 -0.49 0.4
18-Jan-21 NA NA
19-Jan-21 -0.5 0.38
20-Jan-21 -0.49 0.37
21-Jan-21 -0.53 0.33
22-Jan-21 -0.51 0.34
25-Jan-21 -0.47 0.37
26-Jan-21 -0.5 0.34
27-Jan-21 -0.5 0.3
28-Jan-21 -0.53 0.26
29-Jan-21 -0.58 0.59
1-Feb-21 -0.56 0.62
2-Feb-21 -0.6 0.2
3-Feb-21 -0.63 0.15
4-Feb-21 -0.64 0.13
5-Feb-21 -0.68 0.07
8-Feb-21 -0.68 0.05
9-Feb-21 -0.69 0.03
10-Feb-21 -0.68 0.04
11-Feb-21 -0.68 0.01
12-Feb-21 -0.74 -0.06
15-Feb-21 NA NA
16-Feb-21 -0.83 -0.15
17-Feb-21 -0.79 -0.1
18-Feb-21 -0.74 -0.05
19-Feb-21 -0.69 -0.08
22-Feb-21 -0.66 -0.05
23-Feb-21 -0.62 0.01
24-Feb-21 -0.6 0.06
25-Feb-21 -0.71 0
26-Feb-21 -0.61 0.14
1-Mar-21 -0.7 0.1
2-Mar-21 -0.67 0.12
3-Mar-21 -0.73 0.07
4-Mar-21 -0.83 -0.02
5-Mar-21 -0.86 -0.04
8-Mar-21 -0.89 -0.07
9-Mar-21 -0.86 -0.06
10-Mar-21 -0.86 -0.07
11-Mar-21 -0.9 -0.13
12-Mar-21 -1.01 -0.23
15-Mar-21 -0.99 -0.22
16-Mar-21 -1 -0.23
17-Mar-21 -0.99 -0.25
18-Mar-21 -0.97 -0.23
19-Mar-21 -0.99 -0.24
22-Mar-21 -0.95 -0.18
23-Mar-21 -0.92 -0.16
24-Mar-21 -0.92 -0.15
25-Mar-21 -0.93 -0.19
26-Mar-21 -0.97 -0.23
29-Mar-21 -1.05 -0.3
30-Mar-21 -1.02 -0.27
31-Mar-21 -1.02 -0.26
1-Apr-21 -0.97 -0.21
2-Apr-21 NA NA
5-Apr-21 -1.02 -0.25
6-Apr-21 -0.98 -0.22
7-Apr-21 -1.02 -0.27
8-Apr-21 -1 -0.27
9-Apr-21 -1.02 -0.28
12-Apr-21 -0.98 -0.3
13-Apr-21 -0.96 -0.3
14-Apr-21 -1 -0.34
15-Apr-21 -0.94 -0.29
16-Apr-21 -0.97 -0.33
19-Apr-21 -1 -0.37
20-Apr-21 -0.97 -0.34
21-Apr-21 -0.96 -0.33
22-Apr-21 -0.95 -0.32
23-Apr-21 -0.96 -0.34
26-Apr-21 -0.96 -0.34
27-Apr-21 -1.01 -0.39
28-Apr-21 -1 -0.39
29-Apr-21 -0.99 -0.39
30-Apr-21 -1.04 -0.38
3-May-21 -1.02 -0.38
4-May-21 NA NA
5-May-21 -0.99 -0.36
6-May-21 -0.92 -0.36
7-May-21 -0.95 -0.41
10-May-21 -0.99 -0.45
11-May-21 -1 -0.47
12-May-21 -1.04 -0.51
13-May-21 -1 -0.5
14-May-21 -0.98 -0.47
17-May-21 -0.99 -0.49
18-May-21 -0.99 -0.5
19-May-21 -1.03 -0.54
20-May-21 -0.98 -0.51
21-May-21 -0.97 -0.5
24-May-21 -0.96 -0.49
25-May-21 -0.92 -0.46
26-May-21 -0.95 -0.5
27-May-21 -0.98 -0.52
28-May-21 -0.95 -0.5
31-May-21 NA NA
1-Jun-21 -1.06 -0.55
2-Jun-21 -1.05 -0.55
3-Jun-21 -1.07 -0.56
4-Jun-21 -1.02 -0.52
7-Jun-21 -1.04 -0.54
8-Jun-21 -1.02 -0.54
9-Jun-21 -1.02 -0.54
10-Jun-21 -0.98 -0.51
11-Jun-21 -0.99 -0.53
14-Jun-21 -1.04 -0.54
15-Jun-21 -1.03 -0.55
16-Jun-21 -1.06 -0.57
17-Jun-21 -0.94 -0.45

Note: Spreads on municipal bonds are relative to comparable-maturity Treasury yields. The ICE triple-A and triple-B indexes have a weighted average maturity between 12 and 13 years and between 16 and 17 years, respectively, over the period shown. The Money Market Mutual Fund Liquidity Facility (MMLF) was expanded on March 23, 2020. The Municipal LiquidityFacility (MLF) was announced on April 9, 2020.

Source: ICE Data Indices, LLC, used with permission; Federal Reserve Bank of New York; Federal Reserve Board staff estimates.

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Municipal Bond Gross Issuance, by Rating

Billions of Dollars

Period Triple-A and double-A Single-A and triple-B High-yield and unrated Total
3-Jan-20 0.06 0.00 0.22 0.28
10-Jan-20 4.34 2.30 1.83 8.47
17-Jan-20 5.41 2.14 1.27 8.82
24-Jan-20 5.95 0.59 0.48 7.02
31-Jan-20 4.02 1.58 1.09 6.69
7-Feb-20 6.97 0.97 0.46 8.40
14-Feb-20 8.89 1.51 0.53 10.93
21-Feb-20 3.75 1.82 0.33 5.90
28-Feb-20 7.24 2.74 4.60 14.58
6-Mar-20 6.91 1.54 0.32 8.77
13-Mar-20 4.78 0.24 0.36 5.38
20-Mar-20 1.74 0.07 0.16 1.97
27-Mar-20 1.76 0.02 0.30 2.08
3-Apr-20 2.32 0.68 0.33 3.33
10-Apr-20 3.49 1.32 0.19 5.00
17-Apr-20 6.03 0.41 0.75 7.19
24-Apr-20 6.27 0.67 0.32 7.26
1-May-20 6.61 0.70 1.26 8.57
8-May-20 4.71 2.10 0.16 6.97
15-May-20 6.31 1.48 0.35 8.14
22-May-20 6.52 1.55 0.23 8.30
29-May-20 4.06 0.85 0.16 5.07
5-Jun-20 8.26 1.93 0.84 11.03
12-Jun-20 8.96 1.42 0.32 10.70
19-Jun-20 12.23 1.77 1.97 15.97
26-Jun-20 7.21 1.09 0.48 8.78
3-Jul-20 4.68 1.93 0.42 7.03
10-Jul-20 9.06 1.44 0.09 10.59
17-Jul-20 11.55 3.01 0.46 15.02
24-Jul-20 7.67 2.16 0.74 10.57
31-Jul-20 5.16 2.16 0.30 7.62
7-Aug-20 6.21 1.76 0.23 8.20
14-Aug-20 8.49 0.91 0.79 10.19
21-Aug-20 9.89 2.03 1.30 13.22
28-Aug-20 8.44 1.61 1.00 11.05
4-Sep-20 10.00 3.19 0.36 13.55
11-Sep-20 6.79 1.17 0.44 8.40
18-Sep-20 7.58 2.65 0.43 10.66
25-Sep-20 8.78 4.23 1.02 14.03
2-Oct-20 8.82 2.76 0.35 11.93

Note: The Money Market Mutual Fund Liquidity Facility (MMLF) was expanded on March 23, 2020. The Municipal Liquidity Facility (MLF) was announced on April 9, 2020. Lines indicating dates of MMLF expansion and MLF announcement are placed before the bar reflecting total issuance in the week of announcement. Key identifies series in order from bottom to top.

Source: Mergent, Fixed Income Securities Database.

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Last Update: June 21, 2021