Housing Bonds FIRST HALF | 2012 Volume in millions | Number of issues | 2011 Volume in millions | Number of issues | Change from prior period |
---|---|---|---|---|---|
TOTAL | $4,183.6 | 133 | $3,072.8 | 125 | +36.1 |
First Quarter | 1,107.7 | 40 | 1,064.3 | 42 | +4.1 |
Second Quarter | 3,076.0 | 93 | 2,008.5 | 83 | +53.1 |
Single-Family | 2,296.3 | 53 | 1,888.0 | 54 | +21.6 |
Multifamily | 1,887.3 | 80 | 1,184.8 | 71 | +59.3 |
Tax-Exempt | 3,145.8 | 92 | 2,738.4 | 102 | +14.9 |
Taxable | 423.7 | 25 | 236.3 | 17 | +79.3 |
Minimum-Tax | 614.2 | 16 | 98.1 | 6 | +526.1 |
New-Money | 2,797.5 | 94 | 2,665.4 | 101 | +5.0 |
Refunding | 1,065.9 | 28 | 224.0 | 15 | +375.8 |
Combined | 320.3 | 11 | 183.4 | 9 | +74.6 |
Negotiated | 3,968.6 | 111 | 2,684.5 | 107 | +47.8 |
Competitive | 162.4 | 13 | 381.7 | 16 | –57.5 |
Private Placements | 52.7 | 9 | 6.5 | 2 | +710.8 |
Revenue | 4,143.7 | 121 | 2,878.4 | 117 | +44.0 |
General Obligation | 40.0 | 12 | 194.4 | 8 | –79.4 |
Fixed-Rate | 3,177.1 | 107 | 2,609.4 | 110 | +21.8 |
Variable-Rate (Short Put) | 902.2 | 20 | 371.0 | 10 | +143.2 |
Variable-Rate (Long/No Put) | 0.0 | 0 | 3.4 | 3 | –100.0 |
Zero-Coupon | 0.0 | 0 | 0.0 | 0 | n.m. |
Linked-Rate | 104.3 | 6 | 89.0 | 2 | +17.2 |
Auction-Rate | 0.0 | 0 | 0.0 | 0 | n.m. |
Convertible | 0.0 | 0 | 0.0 | 0 | n.m. |
Bond Insurance | 65.8 | 1 | 0.0 | 0 | n.m. |
Letters of Credit | 600.4 | 12 | 230.3 | 4 | +160.7 |
Standby Purchase Agreements | 145.5 | 3 | 0.0 | 0 | n.m. |
Insured Mortgages | 163.5 | 10 | 623.2 | 29 | –73.8 |
Guaranties | 0.0 | 0 | 0.0 | 0 | n.m. |
State Governments | 4.9 | 1 | 0.0 | 0 | n.m. |
State Agencies | 3,466.5 | 84 | 2,538.3 | 86 | +36.6 |
Counties & Parishes | 0.0 | 0 | 5.7 | 1 | –100.0 |
Cities & Towns | 67.9 | 17 | 90.7 | 9 | –25.1 |
Districts | 0.0 | 0 | 0.0 | 0 | n.m. |
Local Authorities | 644.4 | 31 | 438.1 | 29 | +47.1 |
Colleges & Universities | 0.0 | 0 | 0.0 | 0 | n.m. |
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 | 13.8 | 11 | 13.1 | 6 | +5.3 |
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)