S&P Capital IQ Rolls Out Muni Bond Pricing Service

The rollout will help clients manage new calculation requirements.

Greg Carlin, vice president of evaluations products at S&P Capital IQ

The service will be provided by S&P Capital IQ subsidiary Standard & Poor's Securities Evaluations Inc., and will track pricing on over three million bonds throughout the trading day.

Under the existing model for end-of-day evaluations, floating NAV funds may no longer have the ability to offer same day settlement due to the new SEC requirements. S&P's muni bond pricing service will take in market inputs, and where observable metrics are limited or unavailable, it will create an evaluated price