The top municipal issuers easily surpassed their totals from 2018, with $400.51 billion in 10,582 transactions in 2019 compared to $320.35 billion in 8,549 deals the year before. California regained control of the throne after coming in third in 2018.
The top two issuers finished way ahead of the rest of the pack, as there is a $4 billion gap between second and third, while the difference between first and second place is a mere $600 million.