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Total volume for the month was $18.303 billion in 391 issues versus $31.602 billion in 877 issues a year earlier, according to Refinitiv data.
February 28 -
A substantial drop in new money volume sets California and the Far West apart from the the country.
February 16 -
Spending on climate proofing infrastructure and other green capital developments increased 68% while overall volume tumbled 13% in the region.
February 15 -
Midwest borrowing last year went from 11% year-over-year growth in the first quarter to a 48% plunge in the fourth quarter.
February 14 -
Rising interest rates depressed refunding opportunities, but new money issuance rose amid demand for infrastructure to serve the region's growing population.
February 13 -
Total volume in 2022 was at $389.094 billion in 9,123 deals, down 19.5% from the $483.358 billion in 13,130 deals in 2021, according to Refinitiv data.
February 13 -
The transportation bond sector may see the greatest growth in 2023 as a result of the infrastructure act, one analyst said.
February 13 -
"The large taxable refunding or combined transactions were accomplished earlier in the year when rates were relatively low," says John Hallacy.
February 10 -
"I think ESG is here to stay in our market. I think it's a natural fit with the types of infrastructure that our market finances," said MSRB CEO Mark Kim.
February 9 -
"January issuance is at a multi-year low, with large declines in both taxable and tax-exempt issuance," said Matt Fabian, a partner at Municipal Market Analytics.
January 31