| Guranteed Bonds FIRST HALF | 2012 Volume in millions | Number of issues | 2011 Volume in millions | Number of issues | Change from prior period |
|---|---|---|---|---|---|
| TOTAL | $14,300.0 | 949 | $8,868.5 | 529 | +61.2 |
| First Quarter | 7,178.6 | 455 | 3,619.2 | 210 | +98.3 |
| Second Quarter | 7,121.4 | 494 | 5,249.3 | 319 | +35.7 |
| Development | 206.3 | 9 | 204.2 | 5 | +1.0 |
| Education | 12,732.9 | 891 | 7,624.7 | 493 | +67.0 |
| Electric Power | 0.0 | 0 | 10.5 | 1 | –100.0 |
| Environmental Facilities | 48.3 | 3 | 198.1 | 2 | –75.6 |
| Health Care | 98.4 | 3 | 0.0 | 0 | n.m. |
| Housing | 0.0 | 0 | 0.0 | 0 | n.m. |
| Public Facilities | 633.3 | 9 | 32.3 | 6 | +1860.7 |
| Transportation | 149.6 | 2 | 715.3 | 5 | –79.1 |
| Utilities | 89.3 | 11 | 21.0 | 6 | +325.2 |
| General Purpose | 341.9 | 21 | 62.4 | 11 | +447.9 |
| Tax-Exempt | 13,604.1 | 912 | 6,485.7 | 443 | +109.8 |
| Taxable | 524.6 | 35 | 2,382.8 | 86 | –78.0 |
| Minimum-Tax | 171.3 | 2 | 0.0 | 0 | n.m. |
| New-Money | 4,001.3 | 272 | 3,669.5 | 272 | +9.0 |
| Refunding | 7,899.1 | 623 | 4,310.5 | 236 | +83.3 |
| Combined | 2,399.5 | 54 | 888.4 | 21 | +170.1 |
| Negotiated | 11,358.3 | 599 | 6,470.6 | 333 | +75.5 |
| Competitive | 2,913.2 | 349 | 2,365.7 | 194 | +23.1 |
| Private Placements | 28.5 | 1 | 32.2 | 2 | –11.5 |
| Revenue | 2,710.9 | 160 | 3,472.6 | 81 | –21.9 |
| General Obligation | 11,589.1 | 789 | 5,395.9 | 448 | +114.8 |
| Fixed-Rate | 13,322.5 | 933 | 6,494.1 | 514 | +105.1 |
| Variable-Rate (Short Put) | 420.7 | 5 | 100.0 | 1 | +320.7 |
| Variable-Rate (Long/No Put) | 297.1 | 4 | 264.8 | 4 | +12.2 |
| Zero-Coupon | 1,154.4 | 95 | 783.4 | 78 | +47.4 |
| Linked-Rate | 391.0 | 2 | 1,987.1 | 6 | –80.3 |
| Auction-Rate | 0.0 | 0 | 0.0 | 0 | n.m. |
| Convertible | 0.0 | 0 | 0.0 | 0 | n.m. |
| State Governments | 0.0 | 0 | 0.0 | 0 | n.m. |
| State Agencies | 668.4 | 6 | 2,049.5 | 10 | –67.4 |
| Counties & Parishes | 230.7 | 6 | 119.3 | 5 | +93.4 |
| Cities & Towns | 161.0 | 18 | 618.8 | 20 | –74.0 |
| Districts | 11,612.7 | 830 | 5,417.9 | 450 | +114.3 |
| Local Authorities | 1,409.4 | 77 | 639.7 | 42 | +120.3 |
| Colleges & Universities | 217.8 | 12 | 23.3 | 2 | +834.8 |
| Direct Issuers | 0.0 | 0 | 0.0 | 0 | n.m. |
| Tribal Governments | 0.0 | 0 | 0.0 | 0 | n.m. |
| Cooperative Utilities | 0.0 | 0 | 0.0 | 0 | n.m. |
| Bank-Qualified | 2,675.3 | 586 | 1,165.2 | 290 | +129.6 |
| Build America Bonds | 0.0 | 0 | 0.0 | 0 | n.m. |
| Qualified Sch Construction | 52.9 | 4 | 414.4 | 58 | –87.2 |
| Other Stimulus | 13.8 | 8 | 35 | 14 | –61.0 |
Key to Abbreviations: cpt – competitive; GOs – general obligation bonds; ref – refunding.
Source: Thomson Reuters (using data available as of July 14, 2012)




