594615FW1 · USDInvestment Grade · AA-

Michigan State Building Authority 5.00% 2046/10

MID PRICE
100.39
par = 100
YIELD TO MAT.
4.99%
semi-annual
COUPON
5.000%
semi-annual · fixed
MATURITY
2046-10-15
bullet · 20.44y
OUTSTANDING
not disclosed
AS OF
2026-05-04

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Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
12.68 y
1bp ↑ ≈ -0.127% P&L
Convexity
217.30
higher = more curvature
Years to maturity
20.44 y
YTM source
Ingested
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Invesco BulletShares 2026 Municipal Bond
Invesco
BulletShares 2026 Muni$151K▼ $430.05%2026-05-04
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Price history

Sherpa Signal

AS OF 2026-05-04

Institutional footprint · signal-level holdings

0/ 100
Interpretation. Thin coverage — below signal threshold
HOLDERS
1
unchanged in 7d
AGGREGATE EXPOSURE
$151K
USD across all
TOP CONCENTRATION
100.0%
largest holder
FLOW
unchanged in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
100,392 USD
PRICE
100.39

RFQ routing · coming soon

Security details

AWAITING ENRICHMENT
Face value
100 USD
Seniority
Senior Unsecured

Issuer curve

Michigan · 10 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.