US882854Z478 · Muni · USD

Texas Water Dev Brd 4.00% 2038/10

MID PRICE
101.35
par = 100
YIELD TO MAT.
3.86%
semi-annual
COUPON
4.000%
semi-annual · fixed
MATURITY
2038-10-15
bullet · 12.45y
OUTSTANDING
not disclosed
AS OF
2026-05-01
Fund disclosure

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Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
9.74 y
1bp ↑ ≈ -0.097% P&L
Convexity
114.07
higher = more curvature
Years to maturity
12.45 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
iShares National Muni Bond
iShares
US Municipal$1.5M▼ $810.00%2026-05-01
Vanguard Tax-Exempt Bond
Vanguard
US Muni$242K0.00%2026-03-31
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Price history

Sherpa Signal

AS OF 2026-05-01

Institutional footprint · signal-level holdings

19/ 100Minimal footprint
Interpretation. Minimal institutional footprint, holding
HOLDERS
2
unchanged in 7d
AGGREGATE EXPOSURE
$1.8M
USD across all
TOP CONCENTRATION
86.2%
largest holder
FLOW
▼ $1K
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
101,350 USD
PRICE
101.35

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
TEXAS ST WTR DEV BRD
FIGI
BBG00QDL1SZ0
CUSIP
882854Z47
ISIN
US882854Z478
Type
Muni
Issued
2019-10-10
Face value
100 USD
Ticker
TX TXSWTR 4 10/15/2038
Sec. type
FIXED
Seniority
Senior Unsecured

Issuer curve

TX · 10 PTS

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