Terrapin

The Modern
US Municipal Fixed Income
Data Provider

Terrapin's flagship US municipal fixed income database was built from the ground up to serve the needs of modern platforms, asset managers and hedge funds. Our modern bond data API, combined with our simple licensing model, allows you to get up and running in days instead of months.

Dataset highlights

US Municipal Bond Reference Data

In-depth US municipal bond reference data and pricing on over 1.2 million municipal fixed income securities across 50,000+ issuers. Access comprehensive reference data with 100+ data-points per security including full call, sinking fund and interest payment schedules to accurately model securities at any level - individual, issuer, state, sector, and more. Our reference data is captured directly from the source OS and disclosures, ensuring timeliness, accuracy and traceability.

  • Eliminate manual OS collection and parsing from your workflow
  • Get a view of the full muni universe of outstanding securities and series
  • Understand any issuer or obligor's debt profile
  • Visualize past and upcoming redemption, defeasance and refunding events
  • Access source official statements directly via the API
View API documentation and schemas

Built for US Municipal Fixed Income Professionals

Whether you're managing portfolios, conducting credit research or building tools, our comprehensive municipal bond reference and pricing data is designed to meet your needs.

Seamless integration

Designed for developers and data teams. Our data can be delivered via API, bulk files, or custom feeds - with flexible licensing and no additional compliance overheads.

Complete redemption schedules

Access detailed optional and mandatory (sinking fund) redemption schedules, and extraordinary redemption provisions - essential for accurate price, yield and duration calculations.

Detailed trade data

Access enriched MSRB trade records with comprehensive yield calculations across multiple conventions. Price-to-yield calculator available via our API.

Historical reference data

Access full point-in-time reference data, capturing every field value through corporate actions history. Ideal for back-testing and time-series analysis with complete data lineage.

Granularity & rapid development

Our schema captures detailed information at security level - from credit enhancements to refunding structures. And when you need new fields, we can design, extract, and deploy them in as little as two weeks.

Borrower intelligence

Comprehensive issuer and obligor profiles with sector classifications and use-of-proceeds mapping - enabling robust peer and sector research.

Granular Field Coverage

Structured data points per bond in our municipal bond reference data, organized into intuitive categories for easy integration into your workflows.

Security Identifiers

ISIN FIGI FIGI Name Ticker Series Parent ISIN Issuer Canonical ID Obligor Canonical ID

Counterparties

Underwriters Remarketing Agents Tender Agents Trustees Bond Counsel Disclosure Counsel Advisors

Issuance Details

Issue Date Dated Date Closing Date Award Date First Trade Date First Execution Date Maturity Date Issued Amount Series Issued Amount Minimum Denomination Integral Multiple Issue Price Issue Yield Sale Type Currency

Issuer & Use of Proceeds

Issuer Obligor State Counties Country Sector Source of Repayment Uses of Proceeds Use Categories Use Sectors Capital Purpose Seniority Is Defeased Is Outstanding Is 144A Is RegS Is PAC

Interest & Coupon Structure

Interest Rate Interest Type Interest Payment Schedule Interest Rate Schedule Interest Minimum Rate Interest Maximum Rate Coupon Frequency Coupon Payment Months Coupon Payment Day First Interest Payment Date Previous Coupon Date Next Coupon Date Interest Accrual Date Interest Accrual Convention Odd First Coupon Odd Last Coupon Variable Rate Mode Variable Rate Adjustment Schedule

Credit Enhancement & Tax Status

Is Insured Insurers Credit Enhancement Type Is Credit Enhanced Is State Enhanced Guarantee Liquidity Facility Reserve Fund Provider Identity Provider Expiration Date Composite Rating Rating Group Is Federally Taxable Is State Taxable Is AMT Is Bank Qualified Is BAB Is Green Is Social Is Sustainable

Redemption Provisions

Is Callable First Call Date Next Call Date Next Call Price Optional Redemption Min Notice Optional Redemption Max Notice Has Mandatory Redemption Next Sink Date Next Sink Price Next Sink Amount Extraordinary Optional Redemption Outstanding Amount Maturity Amount Optional Redemption Schedule Mandatory Redemption Schedule Tender Schedule Upcoming Corporate Action

Looking for the complete field schema and data types?

View API documentation

Source documents

Official statements and disclosures, linked directly to every ISIN

Skip the EMMA scraping and PDF wrangling. Our API gives you direct access to the underlying official statements, supplements, and continuing disclosure documents - mapped to the exact ISIN they describe, so you always reach the right source material in a single call.

  • Resolve every ISIN to its source OS, supplements, and continuing disclosures
  • Retrieve searchable text or the original PDF straight from the API
  • No EMMA scraping, manual collection, or document storage to maintain
View the Documents API
US123456AB12
4 documents linked
Official Statement
OS · PDF · TXT
Supplement to Official Statement
Supplement · PDF · TXT
Annual Continuing Disclosure
Disclosure · PDF · TXT

Built for Your Workflow

From portfolio management to analytical tools, our data powers the leading municipal bond applications.

Asset Managers & Hedge Funds

Power deeper credit research and portfolio insights.

Benefits

Leverage comprehensive, point-in-time US municipal bond reference data to support investment analysis, backtesting, and portfolio monitoring. From call schedules to credit enhancements, our municipal bond reference data enables analysts and PMs to make faster, more confident decisions using complete, standardized, and historically consistent information.

Broker-Dealers & Trading Desks

Trade and distribute with confidence.

Benefits

Access accurate, normalized reference and trade data to support pricing, inventory management, and client reporting. Terrapin's flexible licensing and data delivery make it easy to embed clean, compliant bond data across internal systems and trading platforms.

Wealth & Technology Platforms

Deliver a seamless experience for advisors and investors.

Benefits

Integrate high-quality municipal reference data into your front-end applications, analytics tools, or portfolio dashboards. Terrapin's API and redistribution-friendly model let you display complete bond information without licensing friction or outdated feeds.

Data & Analytics Providers

Enhance your products with modern fixed income data.

Benefits

Embed Terrapin's municipal bond datasets to expand your coverage or build new analytics, pricing, and benchmarking tools. Our structured data, entity mapping, and continuous updates make it easy to enrich your platform and differentiate your offering.

Source-Verified Quality

Every data point is traceable back to its source official statement

Direct from source

All reference data is extracted directly from official statements, supplements, and continuing disclosure documents. Trade data is sourced from the MSRB post-trade feeds and augmented with our own yield calculations and analytics.

AI-powered extraction

Proprietary machine learning models trained specifically on municipal bond documents, supported by a team of analysts to ensure accuracy and completeness.

Continuous updates

Documents are monitored daily. New issuances and amended official statements are processed within hours of publication and always available the next day.

Startups

Get Started Without a Sales Call

Our Startup plan gives you access to government, corporate and municipal bond data with generous limits — ideal for getting started quickly. Get going with development, research and prototyping without having to commit to a long-term contract.

$299 / month
Personal, development and non-commercial use
Unlimited search requests
3,000 unique ISINs / month
1 year of historical pricing
100 requests per minute
Gov, corp and muni bonds
15-day money back guarantee