MSRB's report documents the extraordinary developments in the municipal securities market during October 2026 and the fundamental changes in the market over the last few years.

MSRB's research report that analyzes secondary market trading for the municipal bond exchange-traded funds, daily trading volume, and transaction costs.

MSRB's midyear market summary analyzes key developments in the municipal securities market during the first half of 2026 as well as emerging trends. Topics include issuance, trading volume, tax-exempt yields, i...

MSRB research report analyzes the understanding of trade patterns that illustrate the interaction between customers and the role played by ATS.

MSRB quarterly market summaries discuss key developments in yields, trading volume, new issuance, and mutual fund flows in the municipal bond market.

Ownership since 2004 reveals a continuous decline in individual investor direct ownership of municipal securities while ownership through funds has steadily risen. Read the report.

The MSRB Chief Economist's analysis on the relationship between municipal bond ETFs and municipal market liquidity.