BondDesk Launches Municipal Market Transparency Report

MILL VALLEY, Calif., Feb. 9, 2011 /PRNewswire/ -- BondDesk Group LLC, one of the nation's largest bond trading venues and a leading fixed income technology firm, is pleased to announce the launch of the BondDesk Municipal Market Transparency Report. Like the Corporate Market Transparency Report, this document is unique because it focuses exclusively on municipal bond trading activity among retail investors. It is designed to provide financial advisors and sophisticated retail investors with visibility into the key trends in the muni market that are not available elsewhere.

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"The BondDesk Municipal Market Transparency Report is an important and timely complement to our existing Corporate Market Transparency Report," said BondDesk CEO Peter Crosbie. "Munis have been all over the news lately, with talk of imminent defaults and aggressive selling by mutual fund investors. But that's only part of the story - retail investors in the muni bond market have actually been aggressive buyers recently. Our new report provides this type of insight and analysis that is not easily accessible today."

The monthly report, available exclusively at www.bonddeskgroup.com, provides analysis and data on a variety of key market trends. Highlights include:

• Market Recap. A summary of the previous month's trading activity in the retail muni market as well as the economic events that impacted demand.
• Yield/Spread History: An analysis of median yields & spreads that provides a context for the current rate environment.
• Yield Matrix. A table containing median yields for each credit rating and maturity.
• Buy/Sell Ratios. A table listing the states with the highest and lowest buy/sell ratios (indicating market momentum).

"Our new report sheds much-needed light on what is happening in the muni market today," Crosbie said. "We are committed to the long term health of the retail bond markets, and we feel this report is an important contribution toward that goal."

For more information about BondDesk please contact Carol Graumann at 973-732-3521 or [email protected].

About BondDesk

BondDesk Group LLC is a leading financial technology firm, providing enterprise-wide fixed income solutions to many of the top broker-dealers in North America. The BondDesk Alternative Trading System (ATS), run by BondDesk Trading LLC, connects broker-dealers through a centralized marketplace by offering a diverse pool of liquidity for odd-lot fixed income securities in multiple asset classes. The BondDesk ATS executes over 20,000 transactions per day by providing 2,000 broker-dealers access to 35,000 live and executable offerings from over 100 premier fixed income dealers. In addition, BondDesk Group is a leading provider of innovative fixed income wealth management solutions, advisor workstations and fixed income analytical tools and applications.

BondDesk Trading LLC is a member FINRA, and is a wholly-owned subsidiary of BondDesk Group LLC.  

To learn more about BondDesk, visit www.bonddeskgroup.com.

SOURCE BondDesk