| LOC Bonds FIRST HALF | 2012 Volume in millions | Number of issues | 2011 Volume in millions | Number of issues | Change from prior period |
|---|---|---|---|---|---|
| TOTAL | $3,728.8 | 64 | $3,230.4 | 64 | +15.4 |
| First Quarter | 733.5 | 14 | 566.8 | 15 | +29.4 |
| Second Quarter | 2,995.3 | 51 | 2,663.6 | 50 | +12.5 |
| Domestic Banks | 2,363.3 | 49 | 2,623.2 | 54 | –9.9 |
| Foreign Banks | 1,365.5 | 16 | 607.2 | 11 | +124.9 |
| Development | 335.3 | 7 | 457.4 | 11 | –26.7 |
| Education | 253.4 | 12 | 478.4 | 10 | –47.0 |
| Electric Power | 474.0 | 4 | 108.0 | 2 | +338.9 |
| Environmental Facilities | 182.4 | 3 | 25.0 | 2 | +629.6 |
| Health Care | 425.5 | 10 | 1,759.6 | 28 | –75.8 |
| Housing | 600.4 | 12 | 230.3 | 4 | +160.7 |
| Public Facilities | 16.0 | 1 | 10.4 | 1 | +53.8 |
| Transportation | 165.6 | 4 | 9.0 | 1 | +1740.0 |
| Utilities | 93.8 | 2 | 85.8 | 2 | +9.3 |
| General Purpose | 1,182.4 | 10 | 66.5 | 4 | +1678.0 |
| Tax-Exempt | 3,679.9 | 57 | 2,623.5 | 55 | +40.3 |
| Taxable | 33.8 | 5 | 601.8 | 8 | –94.4 |
| Minimum-Tax | 15.0 | 2 | 5.0 | 1 | +200.0 |
| New-Money | 2,589.3 | 50 | 1,018.2 | 33 | +154.3 |
| Refunding | 870.6 | 9 | 1,246.3 | 18 | –30.1 |
| Combined | 268.9 | 6 | 965.7 | 14 | –72.2 |
| Negotiated | 3,715.3 | 63 | 3,230.2 | 65 | +15.0 |
| Competitive | 0.0 | 0 | 0.0 | 0 | n.m. |
| Private Placements | 13.4 | 2 | 0.0 | 0 | n.m. |
| Revenue | 2,765.6 | 57 | 3,227.2 | 64 | –14.3 |
| General Obligation | 963.2 | 8 | 3.0 | 1 | +32006.7 |
| Fixed-Rate | 14.5 | 3 | 15.0 | 1 | –3.3 |
| Variable-Rate (Short Put) | 3,714.2 | 61 | 3,215.2 | 63 | +15.5 |
| Variable-Rate (Long/No Put) | 0.0 | 0 | 0.0 | 0 | n.m. |
| Zero-Coupon | 0.0 | 0 | 0.0 | 0 | n.m. |
| Linked-Rate | 0.0 | 0 | 0.0 | 0 | n.m. |
| Auction-Rate | 0.0 | 0 | 0.0 | 0 | n.m. |
| Convertible | 0.0 | 0 | 0.0 | 0 | n.m. |
| State Governments | 0.0 | 0 | 12.0 | 1 | –100.0 |
| State Agencies | 1,665.3 | 27 | 1,465.2 | 32 | +13.7 |
| Counties & Parishes | 0.0 | 0 | 30.0 | 1 | –100.0 |
| Cities & Towns | 985.7 | 10 | 0.0 | 0 | n.m. |
| Districts | 307.4 | 5 | 424.6 | 6 | –27.6 |
| Local Authorities | 665.6 | 19 | 979.7 | 22 | –32.1 |
| Colleges & Universities | 104.7 | 4 | 318.8 | 3 | –67.2 |
| 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 | 9.4 | 1 | 3.0 | 1 | +213.3 |
| Build America Bonds | 0.0 | 0 | 0.0 | 0 | n.m. |
| Qualified Sch Construction | 0.0 | 0 | 0.0 | 0 | n.m. |
| Other Stimulus | 0.0 | 0 | 0.0 | 0 | n.m. |
Key to Abbreviations: cpt – competitive; GOs – general obligation bonds; ref – refunding.
Source: Thomson Reuters (using data available as of July 14, 2012)
