Munifacts

Unveiling Munifacts: A Comprehensive Guide to Municipal Bond Information Services

Exploring Munifacts

Introduction to Municipal Bond Communication:

Munifacts served as a pivotal newswire communication service dedicated to municipal bonds, offering insights into new bond issues in both primary and secondary markets. Originally established as Munifacts, the service evolved into Thomson Municipal News in 1996 before merging into The Municipal Market Monitor (TM3), now available through Refinitiv.

Understanding TM3: The Successor of Munifacts

An Essential Tool for Bond Traders:

Although Munifacts is no longer operational, its successor, TM3, remains invaluable to municipal bond traders. TM3 provides comprehensive reporting on bond issues, including detailed terms and financial data essential for evaluating bond quality. Traders can access TM3 through a 14-day free trial, with subscription options available to verified municipal market participants.

Elements of TM3: Features and Tools

Comprehensive News and Tools:

TM3 integrates news from Refintiv (formerly Thomson Municipal News), The Bond Buyer top stories, and a range of analytical tools. These tools include an analyst directory, glossary, deal search functions, and a bond calculator, enhancing traders' ability to analyze and assess bond issues effectively.

Dashboard Features:

The TM3 dashboard offers insights into the top competitive and negotiated issues, alongside the most active trades at volume. Additionally, traders can access essential services such as MuniStatements, the Securities Industry and Financial Markets Association, Swap Index, and Exchange Traded Funds Index directly from the dashboard.

Key Features of The Municipal Market Monitor

Comprehensive Market Coverage:

TM3's main features include news updates, municipal market data, analysis of primary and secondary markets, and a variable Rate Demand Notice network, catering to the diverse needs of municipal market participants.