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 decreases, annualized yield improves from 2.11% to 2.088% 06 August, 2018

GLOBAL ROUND UP

BONDS

Los Angeles California Department Airports Senior Los Angeles International Airport A (544435M49) municipal bond has decreased 2.0c (or 0.02%) from its last trading session of July 26, 2018 to close at $US105.03. The bond matures in 13 years and 9 months; its yield to maturity has (YTM) decreased by 2.3 basis points from 2.11% to 2.088%.

1-day1-week1-month3-months
Price Change %-0.8
YTM change (%)1.091.0965.325.45
Spread to Treasuries %0.860.881.56

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

3.0 Present Value in USD

+ The present value of USD1,000 (PV1000) invested five years ago in Los Angeles California is $US1,032, for a capital gain of $US32.

+ 5 years Multiplier in USD = 1.032x

+ Compound Annual Growth Rate (CAGR) in USD = 0.6%

544435M49=MSRB

Source: www.BuySellSignals.com