The top five bond financings in the ranking came in at more than $5 billion, according to data from LSEG. November was the first down month for issuance in the muni market and the top 20 bond financings only had a cumulative amount of more than $11 billion.
Scroll through to see which bond financings are in the top 20 for the month of November.
Source: LSEG
Wednesday marks the 10-year anniversary of Detroit's exit from bankruptcy. Its Chapter 9 declaration in 2013 was the largest municipal bankruptcy in the U.S.
The top five bond financings came in above $5 billion.
Suffolk's improved finances won the county its third rating upgrade this year.
"With strong demand, rate cuts and favorable technicals, the muni market — outside of an unexpected shock — is set up to perform well over the next couple of months," said Daryl Clements, a municipal portfolio manager at AllianceBernstein.
California's high-speed train has become one of the nation's most politicized infrastructure projects.
Calling it a "tragedy" for residents, without a negotiated setllement resolution could be years away, mediators said.
