Select Market Reports by type:
Institutional Customer Activity and Use of ATS
Publication date:

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

Fact Book
Publication date:

The MSRB Fact Book offers a free and comprehensive reference for historical trade statistics on a quarterly and yearly basis. The reports encompass information on nearly every trade reported to the MSRB by deal...

Third Quarter 2025 Municipal Securities Market Summary
Publication date:

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

Timing of Annual Financial Disclosures by Issuers of Municipal Securities
Publication date:

This MSRB report updates a 2017 study on the timing of annual financial disclosures by municipal securities issuers.

Trends in Municipal Securities Ownership
Publication date:

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.

Municipal Bond ETFs: Liquidity Impact on the Municipal Bond Market
Publication date:

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

Print