| Largest Environmental Bonds FIRST HALF | 2012 Volume in millions | Number of issues | 2011 Volume in millions | Number of issues | Change from prior period |
|---|---|---|---|---|---|
| TOTAL | $1,262.2 | 30 | $699.6 | 23 | +80.4 |
| First Quarter | 270.3 | 8 | 530.1 | 14 | –49.0 |
| Second Quarter | 991.9 | 22 | 169.5 | 9 | +485.2 |
| Pollution Control | 1,050.9 | 16 | 567.0 | 11 | +85.3 |
| Solid Waste Disposal | 208.8 | 13 | 132.6 | 12 | +57.5 |
| Recycling | 2.5 | 1 | 0.0 | 0 | n.m. |
| Tax-Exempt | 1,084.8 | 24 | 615.3 | 20 | +76.3 |
| Taxable | 29.1 | 1 | 0.0 | 0 | n.m. |
| Minimum-Tax | 148.3 | 5 | 84.3 | 3 | +75.9 |
| New-Money | 539.1 | 12 | 410.1 | 16 | +31.5 |
| Refunding | 644.1 | 17 | 285.9 | 6 | +125.3 |
| Combined | 79.0 | 1 | 3.5 | 1 | +2157.1 |
| Negotiated | 1,195.0 | 24 | 572.2 | 17 | +108.8 |
| Competitive | 19.1 | 4 | 61.5 | 4 | –68.9 |
| Private Placements | 48.1 | 2 | 65.9 | 2 | –27.0 |
| Revenue | 1,180.7 | 28 | 683.2 | 20 | +72.8 |
| General Obligation | 81.5 | 2 | 16.4 | 3 | +397.0 |
| Fixed-Rate | 772.8 | 20 | 373.4 | 16 | +107.0 |
| Variable-Rate (Short Put) | 269.4 | 6 | 80.5 | 3 | +234.7 |
| Variable-Rate (Long/No Put) | 220.1 | 4 | 245.7 | 4 | –10.4 |
| 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. |
| Bond Insurance | 0.0 | 0 | 0.0 | 0 | n.m. |
| Letters of Credit | 182.4 | 3 | 25.0 | 2 | +629.6 |
| Standby Purchase Agreements | 0.0 | 0 | 0.0 | 0 | n.m. |
| Insured Mortgages | 0.0 | 0 | 0.0 | 0 | n.m. |
| Guaranties | 48.3 | 3 | 198.1 | 2 | –75.6 |
| State Governments | 0.0 | 0 | 0.0 | 0 | n.m. |
| State Agencies | 498.0 | 7 | 80.6 | 3 | +517.9 |
| Counties & Parishes | 2.5 | 1 | 66.4 | 5 | –96.2 |
| Cities & Towns | 63.3 | 4 | 291.5 | 4 | –78.3 |
| Districts | 4.4 | 1 | 1.2 | 1 | +266.7 |
| Local Authorities | 694.1 | 17 | 259.8 | 10 | +167.2 |
| 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 | 13.0 | 4 | 14.1 | 7 | –7.8 |
| 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)




