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Municipal Bonds

MuniNet Guide Featured Municipal Bond Issue: Commonwealth of Virginia – $107 Million

Virginia College building authority

The Commonwealth of Virginia is issuing $107 million in general obligation bonds the week of July 16th, 2018. The bonds are being issued as a single, tax-exempt series, for the purpose of financing revenue-producing capital projects at higher educational institutions of the Commonwealth. According to the Notice of Sale, the competitive sale will take place on Wednesday, July 25th 2018 until 10:30 a.m. EDT. Payment of principal and interest on the bonds is secured by an irrevocable pledge of the full faith and credit of the Commonwealth of Virginia. Net revenues of certain facilities of institutions of higher learning are pledged for payment, but should these ever be insufficient in any fiscal year, the General Assembly shall appropriate sufficient funds, or the Governor shall direct payment from general revenues of the Commonwealth.

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Muninet Guide provides commentary and analysis relating to municipal bonds and their fundamental credit issues. From an investor perspective, we provide you with daily AAA yield levels on tax-exempt municipal bonds courtesy of S&P Securities Evaluation, Inc….


Daily Municipal Bonds Yields – July 23, 2018

Municipal Bonds


  • 6-month, 1-year, 2-year, 3-year, 5-year, 7-year, 10-year, 15-year, 25-year, and 30-year yields increased one basis point
  • 20-year yield increased two basis points

Source: © 2006 Standard & Poor’s Securities Evaluations, Inc., a subsidiary of The McGraw-Hill Companies, Inc. All rights reserved. Information has been obtained from sources believed to be reliable. However, Standard & Poor’s and MuniNet LLC shall not be liable for any claims or losses of any nature in connection with information contained in this document, including but not limited to, lost profits or punitive or consequential damages, even if it is advised of the possibility of same. All references to municipal bonds or information related thereto is for informational purposes only. It is general in nature and based on matters or authorities that are






Top Picks
The following featured links are approved by MuniNet as exceptional online resources offering up-to-date information on topics that matter
  • EMMA – Electronic Municipal Market Access

    Official online MRSB repository providing free public access to official disclosures, trade data and other information on the municipal securities market.

  • Merritt Research Services: Benchmark Central

    Merritt Research Services provides benchmark median values for municipal credit analysis across 13 different sectors. Freely available and updated regularly.

  • Governmental Accounting Standards Board (GASB)

    Independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local government.

  • The Bond Buyer

    Established in 1891, an independent paid-subscription information resource of news, analysis and data serving 40,000+ in the municipal finance community.

  • MuniOS.com

    A municipal bond new issue official statement (prospectus) service. MuniOS, a division of ImageMaster Inc, makes available preliminary and final documents. Official statements are provided by region and state.

  • IRS Tax-Exempt Bond Statistics

    Includes data on tax-exempt "public purpose" (Governmental) and "private-activity" bonds, with statistical tables and Statistics of Income Bulletins.

  • What Are Municipal Bonds? - Investor.gov

    What Are Municipal Bonds?

    What are municipal bonds? Municipal bonds (or “munis” for short) are debt securities issued by states, cities, counties and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways or sewer systems. By purchasing municipal bonds, you are in effect lending money to the bond issuer in exchange for a promise of regular interest payments, usually semi-annually, and the return of the original investment, or “principal". An excellent primer on municipal bonds, particularly from an investors perspective. Answering these questions: Where Can Investors Find Information About Municipal Bonds? What Are Some Of The Risks Of Investing In Municipal Bonds? In Addition To The Risks, What Other Factors Should You Consider When Investing In Municipal Bonds?