Municipal bonds report - Los Angeles California Department Airports Senior Los Angeles International Airport A (544435M49) municipal bond

USA

Los Angeles California May 2032 municipal bond increases 1.1% 18 October, 2016

GLOBAL ROUND UP

BONDS

Los Angeles California Department Airports Senior Los Angeles International Airport A (544435M49) municipal bond has increased $US1.19 (or 1.1%) from its last trading session of October 17, 2016 to close at $US112.85. The bond matures in 15 years and 7 months; its yield to maturity has (YTM) decreased by 32.3 basis points from 1.62% to 1.3%.

1-day3-months1-year
Price Change %1.1
YTM change (%)19.9104.0836.02
Spread to Treasuries %0.85

1.1 Maturity

IssuerLos Angeles California
Maturity DateMay 15, 2032

1.2 Coupon

Issue DescriptionSenior Revenue
Project NameLos Angeles International Airport
Amount Outstanding$US38.6 million
CUSIP544435M49
Use Of ProceedsAirports
Put OptionNo
InsurerN/A
Extraordinary RedemptionNo
RIC544435M49=MSRB
CallableYes
Next Call DateMay 15, 2020
Coupon5.0%
Coupon TypeFixed
Pay FrequencySemi-Annually

TAXATION

Federally TaxableNo
Subject to Alternative Minimum TaxNo

CREDIT RATING SUMMARY

Rating AgencyRatingEffective Date
FitchAAOctober 28, 2013
Moody'sAa3October 25, 2013
Moody's Aa3April 29, 2016
S&PAA

RELATIVE VALUATION INDICATORS [RVI] TECHNICALS

1.4 Present Value in USD

+ The present value of USD1,000 (PV1000) invested three years ago in Los Angeles California is $US1,103, for a capital gain of $US103.

+ 3 years Multiplier in USD = 1.103x

+ Compound Annual Growth Rate (CAGR) in USD = 3.3%

544435M49=MSRB

Source: www.BuySellSignals.com