Refunding debt stands as the primary reason behind the 63% increase in long-term municipal bond issuance through the first six months of 2012 over the same period in 2011.

Issuance totaled $190.5 billion on 6,826 deals through the first half of 2012, versus $117 billion on 4,859 deals through the first six months of 2011.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.