Q1 muni league tables: Top issuers

Published April 4, 2019 7:01 AM

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Updated June 1, 2021 1:37 PM

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The Golden State

California once again is ahead of the pack in terms of issuance, amassing $3.13 billion over four deals.

Most of that is thanks to the $2.29 billion sale on March 6.

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Taking flight

The San Francisco City & County Airport Commission landed in second place, having issued $1.89 billion of bonds so far this year in five transactions.

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Empire state of mind

The Empire State Development Corp. has sold $1.54 billion of bonds through the first three months of the year, good for third place.

The landmark Statue of Liberty against the impressive New York City skyline.

NYC TFA's increased issuance

The New York City Transitional Finance Authority moved up four spots from this point last year, with a total of $1.45 billion in three deals so far in 2019.

Commuters stand in a crowded L train subway car at the Bedford Avenue station in the Brooklyn borough of New York, U.S., on Thursday, Dec. 21, 2017.

L train subway car Photographer: Victor J. Blue/Bloomberg

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MTA speeding up

The Metropolitan Transportation Authority of New York moved up five spots to fifth place with a total of $1.20 billion.

Connecticut State Capitol building is located north of Capitol Avenue and south of Bushnell Park in Hartford, the capital of Connecticut. The current building is the third capitol building for the State of Connecticut since the American Revolution.

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Connecticut reaches $1B mark

Connecticut comes in next with $1 billion of issuance so far in two deals.

Mass. moves up

The Commonwealth of Massachusetts jumped to seventh, from 19th place last year, with $996 million in three deals so far in 2019.

The Empire State building stands in the midtown Manhattan skyline seen in this aerial photograph taken in New York, U.S., on Tuesday, Dec. 3, 2013. U.S. stocks declined a fifth day, sending the Standard & Poors 500 Index to a two-week low, after improving economic data boosted bets the Federal Reserve will curb its monthly bond purchases sooner than estimated. Photographer: Ron Antonelli/Bloomberg

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NYC sees slight drop

New York City has issued $994 million thus far this year, down from the $1.19 billion it issued in the first three months of 2018.

Demonstrators gather near the Washington Monument during the People's Climate Movement March in Washington, D.C., U.S., on Saturday, April 29, 2017. Coinciding with U.S. President Donald Trump's 100th day in office, the People's Climate Movement March seeks to bring attention to and strengthen climate reform in the context of the Trump Administration cuts to environmental policy. Photographer: Eric Thayer/Bloomberg

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D.C. makes an appearance

The District of Columbia, after staying out of the market in the first quarter last year, has returned with $938 million of bonds.

NYC waters make a splash

The New York City Municipal Water Finance Authority vaulted into the top 10, from 28th place a year earlier, with $891 million in five deals so far in 2019.

Rounding out the list

the remaining top issuers are: Last year's top issuer - The Dormitory Authority of the State of New York with $890 million; The New Jersey Transportation Trust Fund Authority with $750 million; The city of Chicago with $722 million; Main Street Gas Comp., Georgia, with $696 million; And Washington State with $692 million.