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Gain accuracy, efficiency & confidence with
Refinitiv Municipal Market Data (MMD) + Yield Book

Since Refinitiv and LSEG merged, the offerings made available to you have expanded dramatically. Now, you can have full access to Yield Book and Refinitiv MMD for Municipal Bonds—two of the world’s most trusted data sets for the municipal bond market. Learn more below.
Refinitiv MMD Yield Curves

The best-in-class, industry-standard method of municipal bond benchmarking and research includes MMD AAA benchmark yield curve, AAA Scale Reads, analytics, and in-depth analysis on the municipal and treasury markets​. Users can access for their analytical needs:

  • Portfolio Indexing - MMD yield curves serve as a proxy for portfolio indexing and are used to gauge performance by ratings, sectors or against specific bonds
  • Interest Rate Risk - Compare municipal bonds to corporate bonds or U.S. Treasury bonds
  • Market Risk - View day-to-day fluctuations in bond prices/volatilities

Yield Book for Municipal Bonds

For more than 30 years, Yield Book has been a trusted source for in-depth fixed income risk analytics and complex portfolio analysis. It offers extensive solutions for efficiently analyzing municipal bonds and meeting business-critical deadlines. Yield Book is also the analytics engine behind the calculation of yield, duration, and option-adjusted spread measures for FTSE municipal bond indexes. Data is available via Yield Book Batch, API or Microsoft Excel® Add-In applications and includes:

  • Yield Book municipal bond analytics
  • Refinitiv MMD yield curves
  • Mergent T&Cs data
Resources
Muni High Yield: Technically Driven, Fundamentally Sound. Access the full report to discover:

  • What's driving the municipal market?
  • How have municipal credit fundamentals performed?
  • What happens in the next downturn?


Municipal Bonds: Getting back to normal?

  • Investors are regaining their appetite for risk as the economy reopens after being shuttered during the pandemic
  • Record muni fund flows year-to-date especially in high yield are leading to continued spread compression for lower quality bonds.
  • Muni sectors hardest hit by the pandemic are seeing strong investor demand


Yield Book for Municipal Bonds. Bringing together Mergent Terms & Conditions (T&Cs), MMD yield curves, FTSE index data, and Yield Book analytics.

  • Portfolio Indexing
  • Interest rate risk
  • Market risk

Why Refinitiv Evaluated Pricing Service - Municipal Bonds?

  • Consists of evaluators, data analysts and credit analysts (including muni credit analysts and quantitative analysts)
  • Evaluators have over 15 years’ average experience
  • Experience in trading and portfolio management