Reports and Commentary

Weekly Commentary

The Commentary is a brief review of the taxable and tax-exempt fixed income markets. It includes the upcoming week's economic releases, current and historical interest rate information and recent tax-exempt healthcare bond pricings. It is published each week and released on Monday mornings.

VariFact Rates

VariFact Rates is a statistical compilation of interest rates taken from a weekly survey of over 170 seven-day tax-exempt variable rate demand bond issues (VRDBs), which Ponder & Co. obtains from over 20 remarketing agents. The VRDBs included in the survey are primarily bonds issued by healthcare institutions and higher education institutions. Currently, over 75% of the VRDBs surveyed carry the highest short-term bond credit ratings of VMIG1 (Moody's) or A-1+ (S&P) and nearly 90% carry short-term ratings in the two highest categories.

VariFact Comparisons

VariFact Comparison provides the VariFact Weekly index versus numerous recognized short-term interest rate indices. These comparisons are provided over various time periods ranging from the current period to the past 52 weeks.