2006 2005
Volume No. of Volume No. of Pct.
($000s) Issues ($000s) Issues Chg
TOTAL $14,560,900 657 $15,031,300 668 -3.1 %
First Quarter 2,782,600 134 2,914,900 136 -4.5
Second Quarter 2,725,700 154 3,448,800 160 -21.0
Third Quarter 5,227,000 161 2,766,500 150 +88.9
Fourth Quarter 3,825,600 208 5,901,100 222 -35.2
Libraries & Museums 863,300 70 1,099,700 84 -21.5
Government Buildings 2,965,900 120 3,185,900 93 -6.9
Fire Stations & Equipment 363,900 92 462,400 109 -21.3
Correctional Facilities 1,350,900 61 1,451,300 60 -6.9
Police Stations & Equipment 558,700 16 52,800 7 +958.1
Civic & Convention Centers 2,453,100 58 4,018,500 57 -39.0
Stadiums & Sports Complexes 3,996,300 31 1,525,600 29 +161.9
Theatres 311,000 7 111,700 5 +178.4
Parks, Zoos & Beaches 802,300 131 1,693,500 158 -52.6
Other Recreation 895,500 71 1,429,900 66 -37.4
Tax-Exempt 13,624,500 606 13,519,500 626 +0.8
Minimum-Tax 28,300 4 207,800 6 -86.4
Taxable 908,100 47 1,304,000 36 -30.4
New-Money 10,054,300 519 8,974,000 440 +12.0
Refunding 3,234,800 114 5,169,600 203 -37.4
Combined 1,271,800 24 887,700 25 +43.3
Negotiated 11,621,500 436 12,966,300 472 -10.4
Competitive 2,656,500 201 1,819,600 182 +46.0
Private Placements 282,900 20 245,400 14 +15.3
Revenue 12,474,400 328 11,562,900 303 +7.9
General Obligation 2,086,500 329 3,468,400 365 -39.8
Fixed-Rate 12,230,300 593 11,647,000 590 +5.0
Variable-Rate (Short Put) 825,200 45 2,506,700 68 -67.1
Auction-Rate 951,100 12 547,800 6 +73.6
Variable-Rate (Long/No Put) 7,600 1 9,000 1 -15.6
Zero-Coupon 480,400 16 320,800 8 +49.8
Convertible 66,300 1 0 0 n.m.
Bank-Qualified 1,066,200 334 874,600 289 +21.9
Bond Insurance 11,434,300 328 10,303,300 318 +11.0
Letters of Credit 519,600 38 1,417,200 50 -63.3
Standby Purch Agreements 131,300 3 629,700 12 -79.1
State Governments 904,500 13 644,500 9 +40.3
State Agencies 2,844,100 53 4,075,200 51 -30.2
Counties & Parishes 1,811,400 70 947,100 67 +91.3
Cities & Towns 1,457,500 135 2,009,700 125 -27.5
Districts 1,615,200 187 1,525,100 212 +5.9
Local Authorities 5,802,400 195 5,718,000 201 +1.5
Direct Issuers 68,500 3 111,700 3 -38.7
Tribal Governments 57,300 1 0 0 n.m.
NOTES: Figures are based on issues maturing in 13 months or longer. Private placements and municipal forwards are included, but remarketings are excluded. n.m. -- not meaningful; unch -- unchanged. Source: Thomson Financial (1/13/07)
