Worst Spreads of the First Quarter of 2002

MunicipalBonds.com today releases its study revealing the Worst Spreads in the first quarter of 2002. The study considers same day bid/offer market spreads of actively traded Municipal Bonds.

Previously, Municipal Bonds release its study of the Worst Spreads of 2001. The worst spread in 2001 was 75 points. During the months of January, February and March 2002, the worst spread is 63 points.

There are other serious wide and potentially illegal same day market spreads, but a continuing concern not to be overlooked in the overwhelming amount of spreads around 10 points. This again begs the question; "What is a fair and reasonable spread in the Municipal Bond markets?" MunicipalBonds.com will soon undertake projects which will fundamentally address the question of fair pricing in the Municipal Bond markets.

In addition, MunicipalBonds.com again demands:

• all Municipal Bond trades be reported next day
• dealer identifiers be attached to all trades
• mistakes in price reporting, if any, be publicly released in a dedicated mistake report

Contact: Kevin Olson
Company: MunicipalBonds.com
Phone: 415-922-7870
Email: Kevin@MunicipalBonds.com
URL: http://www.municipalbonds.com