WASHINGTON — More historic muni bond information is now available for sale from the Municipal Securities Rulemaking Board.
The board announced Wednesday that market participants can now purchase subscriptions to packages that provide historic primary market disclosures, historic continuing disclosures and historic data for variable-rate securities.
The MSRB’s Primary Market Disclosure Historical Data Product provides primary market disclosures and related indexing information going back to June 1, 2009. The product costs $10,000 for each consecutive 12-month period, plus a $2,000 fee for first-time subscribers.
Market participants can purchase the board’s Continuing Disclosure Historic Data Product for $22,500 for a 12-month period, plus the first-time subscriber fee.
The SHORT Historical Data Product includes interest rates and documents for auction-rate securities and variable-rate demand obligations, and costs $5,000 for 12 months of data, plus the subscriber fee. Data for the SHORT historic product is collected by the board’s Short-term Obligation Rate Transparency (SHORT) system.
The rule change establishing the new products was approved by the Securities and Exchange Commission in April.
The MSRB in February released a long-range plan to improve transparency by adding new information to the EMMA system and making that information available in a more user-friendly and searchable format.
Also in February, the board launched end-of-day trade alerts and made other changes designed to improve its market statistics.