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 05 April, 2018

GLOBAL ROUND UP

BONDS

Los Angeles California Department Airports Senior Los Angeles International Airport A (544435M49) municipal bond has increased 30.0c (or 0.3%) from its last trading session of April 04, 2018 to close at $US106.50. The bond matures in 14 years and 1 month; its yield to maturity has (YTM) decreased by 15.2 basis points from 1.98% to 1.829%.

1-day1-month3-months
Price Change %0.3-0.4-1.6
YTM change (%)7.6744.81
Spread to Treasuries %0.99

SECTION 1

COUPON AND MATURITY

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

1.3 Taxation

Federally TaxableNo
Subject to Alternative Minimum TaxNo

SECTION 2

CREDIT RATING SUMMARY

Rating AgencyRatingEffective Date
FitchAA
Moody'sAa3September 08, 2016

SECTION 3

RELATIVE VALUATION INDICATORS [RVI] TECHNICALS

3.1 Present Value in USD

+ The present value of USD1,000 (PV1000) invested five years ago in Los Angeles California is $US964, for a capital loss of $US36.

+ 5 years Multiplier in USD = 0.964x

+ Compound Annual Growth Rate (CAGR) in USD = -0.7%

544435M49=MSRB

Source: www.BuySellSignals.com