Research
Securitief Research
Guides, monthly market notes, sector notes and reference on industrial revenue bonds, built from public filings and the law. Subscribe by RSS or JSON Feed.
- Industrial revenue bonds: the complete guide Basics
Eligibility, federal rules, volume cap, timeline, costs, credit enhancement, VRDNs, the term sheet, post-issuance compliance and taxability risk. - IRB market pulse Markets
Quarterly read of fund and bank demand for conduit and industrial-type municipal bonds. - Monthly market note Markets
The month in Treasury rates (FRED), fund holdings (SEC N-PORT), fund-family activity and bank demand, with exhibits and sources. - Sector note: food processing Sectors
How food and beverage processors fit the federal rules, and what fund filings show about the sector's bonds. - Sector note: plastics and recycling Sectors
Solid waste disposal and manufacturing routes for recyclers and plastics processors, with fund holdings. - Sector note: metals Sectors
Steel, aluminium and metal fabrication: the federal routes and the bonds funds hold. - Sector note: wood and paper Sectors
Sawmills, paper and packaging: the federal routes and the bonds funds hold. - Sector note: chemicals Sectors
Chemicals, fertiliser and fuels processing: the federal routes and the bonds funds hold. - Industrial revenue bond FAQ Basics
Answers to the questions borrowers, issuers and investors ask most, grouped by topic. - Which bond fits? A decision tree Tools
Small issue, exempt facility, 501(c)(3) or taxable: walk through the questions bond counsel will ask. - Legislative watch Law and policy
Federal bills and enacted changes that affect private activity bonds, with status checked against the bill text. - Monthly market note: October 2026 Markets
Archived edition of the monthly market note. - IRB academy Basics
Eleven short lessons with a quiz and a certificate. - Glossary Basics
Defined terms used across the research. - Volume cap tracker Law and policy
Each state's private activity bond allocation this year. - Conduit issuers Markets
Issuers whose bonds registered funds hold.
Sectors at a glance ¶
| Sector | Bond titles | Held by funds | Fund families |
|---|---|---|---|
| Food processing | 8 | $32.6M | 10 |
| Plastics and recycling | 5 | $33.7M | 5 |
| Metals | 35 | $712.7M | 26 |
| Wood and paper | 18 | $165.8M | 24 |
| Chemicals | 7 | $161.4M | 20 |
Important information. Securitief Research is published by Securitief, operated by Applied America. Securitief is not a placement agent or underwriter and does not seek or receive compensation from any financing, including financings of issuers and borrowers discussed here. It is not acting as a municipal advisor and owes no fiduciary duty to any issuer or obligated person unless separately engaged in writing.
This material is general information. It is not tax, legal, investment or municipal advice, a recommendation, or an offer to sell or a solicitation of an offer to buy any security. Offers are made only by offering documents and only where permitted by state securities laws. State allocation procedures change; confirm current rules with the allocating agency and bond counsel.
Sources: SEC Form N-PORT and FDIC call reports (holdings), IRS and Census (volume cap and population), state agency publications. Issuer classification and aggregation are Securitief’s own and may contain matching errors; figures may be revised. No licensed index levels (MMD, BVAL, ICE) or EMMA trade data are used. Past holdings do not indicate future demand, pricing or the availability of financing. Interest on private activity bonds may be subject to the alternative minimum tax; tax treatment depends on the facts and the opinion of bond counsel.
Cite this page: Securitief Research, “Securitief Research,” October 2026, https://securitief.com/research.