Data and Research

Mark-up Disclosure and Trading in the Municipal Bond Market

Publication date: 07/01/2019

Analysis of trading behavior in the year since the implementation of mark-up disclosure.

Dealer Participation and Concentration in Municipal Securities Trading

Publication date: 05/01/2019

Analysis of trends and changes in municipal securities dealer’s participation and concentration.

Analysis of Municipal Securities Pre-Trade Data from Alternative Trading Systems

Publication date: 10/01/2018

Analysis of pre-trade quote data for municipal securities available to market participants on alternative trading systems (ATSs).

Transaction Costs for Customer Trades in the Municipal Bond Market: What is Driving the Decline?

Publication date: 07/01/2018

MSRB Chief Economist’s analysis of reasons for the steady decline in effective spread.

Municipal Bond ETFs: Liquidity Impact on the Municipal Bond Market

Publication date: 04/01/2018

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

Report on Secondary Market Trading in the Municipal Securities Market

Publication date: 07/01/2014

Report on municipal market trading patterns, associated pricing and the effect of price transparency on pricing.

Build America bonds Issuance and Trade Activity, 2009

Publication date: 02/01/2010

Analysis of the primary and secondary markets for Build America Bonds (BABs).

Data and Research Publications