Largest Variable-Rate Bond Sales: First Half 2012

Date Issuer Amt
($Mils)
Manager(s)
Apr 4 New York City, GOs $760.0 Various firms
Mar 26 New York City Municipal Water Finance Authority 325.0 US Bancorp
Jun 12 Long Island Power Authority, N.Y., electric power (ref) 324.0 Barclays/Wells Fargo
Apr 24 New York State Housing Finance-Mortgage Agency, multifamily 260.0 Citi/Wells Fargo
Jun 26 Michigan Finance Authority, general purpose (ref) 250.0 Citi
Apr 17 Iowa Finance Authority, industrial development 220.0 BA Merrill Lynch
Apr 18 Chicago, Ill., GOs (ref) 200.0 JPMorgan
Feb 6 Wisconsin Health & Educational Facilities Authority, hospitals (nm/ref) 154.7 BMO Capital/BAML
Feb 28 Sacramento Municipal Utility District, Calif., electric power 150.0 BAML/US Bancorp
Mar 22 Metropolitan Transport Authority, N.Y., transit 150.0 Morgan Stanley
Mar 7 Port Arthur Navigation District Industrial Development Corp., Tex. 150.0 Thornton Farish


Key to Abbreviations: cpt – competitive; GOs – general obligation bonds; ref – refunding.
Source: Thomson Reuters (using data available as of July 14, 2012)

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