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

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

MSRB research report analyzes trading volume and effective spread in the municipal bond ETF market to understand what is happening in the broader municipal securities market.

MSRB research report analyzes trends in municipal securities dealer participation and concentration in the municipal market from 2016 through 2025.

MSRB's 2025 Municipal Market Year in Review report, podcast and webinar analyze key developments in the municipal securities market in 2025, an extraordinary year for the market on many levels, discussing yield...

MSRB research analyzes the impact of municipal bond exchange-traded funds (ETFs) growth on the liquidity of the municipal securities market.

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

MSRB research analyzes trends in interdealer and customer trades among Alternative Trading Systems (ATS) and broker’s brokers between 2017 and 2024.

MSRB research report analyzes the performance of municipal bonds ETFs during the volatile month of April 2025.

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

MSRB report documents the extraordinary developments in the municipal securities market during April 2025.

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

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

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

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

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

MSRB research indicates a rise in customer transaction costs for municipal securities since early 2022 likely due to the steep decline in bond prices triggered by rising interest rates and market…

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

MSRB report identifies possible reasons for different patterns in customer trades in the primary and secondary markets for municipal bonds.

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

Analysis of customer transactions with Alternative Trading Systems (ATSs) and overall market comparison.

Read about significant changes in the municipal bond market in the first half of 2022. Details in the MSRB’s latest analysis.

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.