WASHINGTON - More than a quarter of the nation's cities have experienced an increase in the costs and risks associated with bond issuance during the last year as a result of the ongoing subprime mortgage crisis, according to a survey released yesterday by the National League of Cities.

As the economic slowdown stemming from the housing crisis continues, 26% of the 211 survey respondents said they have had to assume more risk and pay more to complete bond deals and capital financing during the last year. The survey was released in conjunction with the NLC's Congressional City Conference here.

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