It may seem crazy to predict that in 2019 the municipal market will see $850 billion of new issuance, but for that to happen only one thing needs to occur: the trend of the past decade must hold steady.

Using the past 10 years as a barometer for where the market is heading isn’t scientific and is probably misleading, but it does spotlight how much the market grew from January 2000 to December 2009.

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