Bond Buyer Indexes

The 20-Bond Index consists of 20 general obligation bonds that mature in 20 years. The average rating of the 20 bonds is roughly equivalent to Moody's Investors Service's Aa2 rating and Standard & Poor's Corp.'s AA. The 11-Bond Index uses a select group of 11 bonds in the 20-Bond Index. The average rating of the 11 bonds is roughly equivalent to Moody's Aa1 and S&P's AA-plus. The Revenue Bond Index consists of 25 various revenue bonds that mature in 30 years. The average rating is roughly equivalent to Moody's A1 and S&P's A-plus.

The indexes represent theoretical yields rather than actual price or yield quotations. Municipal bond traders are asked to estimate what a current-coupon bond for each issuer in the indexes would yield if the bond was sold at par value. The indexes are simple averages of the average estimated yields of the bonds.

The 10-year and 30-year Treasury yields are the market quotes for those securities at the time that the indexes are calculated.

Quick reports:
Select Indexes or Yields :
(choose one or more)
 20-Bond GO Index
 11-Bond GO Index
 Revenue Bond Index
 10-Year Treasury Note Yield
 30-Year Treasury Bond Yield
Select a time period:
Begin:      End:   
Please enter dates after 01/01/1900 using mm/dd/yyyy format.

Search a different archive »


As banks make more loans to lower-rated municipalities, they may have to follow Interagency Guidance on Leveraged Lending that was developed with private and corporate borrowers in mind.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.