DALLAS - Issuance in the Southwest dropped a dramatic 37% in the fourth quarter while managing a 5.6% increase for all of 2007 to $68 billion.

The first quarter saw an increase of 50.8% in volume, reflecting a national municipal bond market going like gangbusters at the start of 2007. Second-quarter growth in the region was 22.8%, followed by a 13.2% increase in the third quarter, before volume fell in the final quarter, according to Thomson Financial.

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.