Municipal Bond Index Update
NOTE : We have no new bond after May 31 pricings.
Due to this, the list of 40 bonds used in the Municipal Bond Index was not revised after the August 31 pricings. The list will be revised at the next regularly scheduled revision on September 15.
As a result, the coefficient remains at 1.0661, the average coupon rate at 4.37%, the average par call date is April 5, 2025 and the average maturity date is Sptember 12, 2044.