| Transportation FIRST HALF | 2012 Volume in millions | Number of issues | 2011 Volume in millions | Number of issues | Change from prior period |
|---|---|---|---|---|---|
| TOTAL | $22,623.0 | 242 | $13,596.9 | 202 | +66.4 |
| First Quarter | 7,854.0 | 95 | 2,980.6 | 74 | +163.5 |
| Second Quarter | 14,769.0 | 147 | 10,616.3 | 128 | +39.1 |
| Airports | 4,353.6 | 42 | 3,683.7 | 53 | +18.2 |
| Seaports | 161.0 | 12 | 927.7 | 15 | -82.6 |
| Toll Roads, Hwys & Streets | 8,679.5 | 125 | 4,712.3 | 104 | +84.2 |
| Bridges | 741.1 | 3 | 238.5 | 3 | +210.7 |
| Tunnels | 195.6 | 1 | 0.0 | 0 | n.m. |
| Parking Facilities | 267.8 | 14 | 370.6 | 7 | -27.7 |
| Mass Transportation | 8,224.5 | 45 | 3,664.1 | 20 | +124.5 |
| Other Transportation | 0.0 | 0 | 0.0 | 0 | n.m. |
| Tax-Exempt | 18,694.8 | 204 | 10,645.1 | 161 | +75.6 |
| Taxable | 769.6 | 15 | 858.1 | 17 | -10.3 |
| Minimum-Tax | 3,158.6 | 23 | 2,093.7 | 24 | +50.9 |
| New-Money | 9,120.2 | 117 | 7,279.5 | 107 | +25.3 |
| Refunding | 9,534.6 | 92 | 4,415.8 | 70 | +115.9 |
| Combined | 3,968.2 | 33 | 1,901.6 | 25 | +108.7 |
| Negotiated | 16,307.8 | 165 | 10,782.6 | 142 | +51.2 |
| Competitive | 6,204.6 | 73 | 2,339.3 | 49 | +165.2 |
| Private Placements | 110.6 | 4 | 475.0 | 11 | -76.7 |
| Revenue | 18,034.8 | 125 | 10,479.4 | 94 | +72.1 |
| General Obligation | 4,588.2 | 117 | 3,117.5 | 108 | +47.2 |
| Fixed-Rate | 21,949.9 | 233 | 12,746.8 | 194 | +72.2 |
| Variable-Rate (Short Put) | 165.6 | 4 | 161.4 | 3 | +2.6 |
| Variable-Rate (Long/No Put) | 0.0 | 0 | 169.0 | 3 | -100.0 |
| Zero-Coupon | 0.0 | 0 | 65.1 | 2 | -100.0 |
| Linked-Rate | 507.4 | 5 | 324.8 | 2 | +56.2 |
| Auction-Rate | 0.0 | 0 | 0.0 | 0 | n.m. |
| Convertible | 0.0 | 0 | 129.8 | 1 | -100.0 |
| Bond Insurance | 287.9 | 12 | 145.6 | 9 | +97.7 |
| Letters of Credit | 165.6 | 4 | 9.0 | 1 | +1740.0 |
| Standby Purchase Agreements | 0.0 | 0 | 0.0 | 0 | n.m. |
| Insured Mortgages | 0.0 | 0 | 0.0 | 0 | n.m. |
| Guaranties | 149.6 | 2 | 715.3 | 5 | -79.1 |
| State Governments | 3,209.7 | 15 | 1,133.3 | 6 | +183.2 |
| State Agencies | 11,784.8 | 52 | 4,616.8 | 26 | +155.3 |
| Counties & Parishes | 1,327.3 | 37 | 500.0 | 23 | +165.5 |
| Cities & Towns | 1,964.2 | 87 | 2,919.1 | 89 | -32.7 |
| Districts | 20.1 | 4 | 206.1 | 8 | -90.2 |
| Local Authorities | 4,316.9 | 47 | 4,211.5 | 48 | +2.5 |
| Colleges & Universities | 0.0 | 0 | 0.0 | 0 | n.m. |
| Direct Issuers | 0.0 | 0 | 10.1 | 2 | -100.0 |
| Tribal Governments | 0.0 | 0 | 0.0 | 0 | n.m. |
| Cooperative Utilities | 0.0 | 0 | 0.0 | 0 | n.m. |
| Bank-Qualified | 194.4 | 79 | 144.2 | 67 | +34.8 |
| Build America Bonds | 0.0 | 0 | 0.0 | 0 | n.m. |
| Qualified Sch Construction | 0.0 | 0 | 0.0 | 0 | n.m. |
| Other Stimulus | 17.9 | 1 | 0.0 | 0 | n.m. |
Key to Abbreviations: cpt – competitive; GOs – general obligation bonds; ref – refunding.
Source: Thomson Reuters (using data available as of July 14, 2012)




