Electronic trading platforms reach record share of municipal bond volume
Updated
Updated · Bloomberg · May 4
Electronic trading platforms reach record share of municipal bond volume
6 articles · Updated · Bloomberg · May 4
In Q1 2026, digital venues handled about 21% of muni bond trading, topping the previous peak of roughly 20% set in 2023.
The milestone signals further adoption of electronic execution in a market that has historically shifted to digital trading more slowly than other asset classes.
Crisil Coalition Greenwich highlighted the increase as an encouraging sign for modernisation in the municipal bond market.
As trading goes digital, are cities securing cheaper funding for public projects like schools and bridges?
With AI now pricing municipal bonds, what new risks emerge for investors and public issuers?