The Municipal Securities Rulemaking Board (MSRB) today released municipal market statistics for the second quarter of 2017, showing the total number of trades increased nearly 8 percent while par amount traded decreased more than 9 percent from the same time period one year ago. Also down from the previous year is the number of continuing disclosure documents received, which totaled over 38,000 in the second quarter of 2017, approximately 1,200 fewer than the number received in the second quarter of 2016.
Among the most actively traded securities was a general obligation bond from the Commonwealth of Puerto Rico, which had the most trades in the second quarter of 2017, while the most actively traded security in terms of par amount was a Gulf Opportunity Zone Bond from the Industrial Development Board of the Parish of East Baton Rouge, Louisiana, Inc.