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Muni bond sales fall 12.9 percent in first half of 2017
July 3, 2017 / 3:33 PM / 3 months ago

Muni bond sales fall 12.9 percent in first half of 2017

NEW YORK, July 3 (Reuters) - U.S. municipal bond market issuers sold $187.2 billion of debt in the first half of 2017, a 12.9 percent drop from the same period last year, according to Thomson Reuters data released on Monday.

Bank of America Merrill Lynch was the top underwriter from Jan. 1 through June 30, with $26.7 billion of debt in 282 deals. California topped the list of issuers for the first six months by selling a total of $2.8 billion of debt. (Reporting by Laila Kearney; Editing by Dan Grebler)

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