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The 10 largest underwriters of education issuance in the first half of 2024 accounted for $48.172 billion.
BofA Securities led the top underwriters with $7.698 billion, followed by RBC Capital Markets with $6.856 billion and Jefferies with $6.276 billion.
Source: LSEG
| Rank | Underwriter | Par amount (millions of $) |
| 1 | BofA Securities | $7,697.70 |
| 2 | RBC Capital Markets | $6,856.40 |
| 3 | Jefferies | $6,275.70 |
| 4 | Raymond James | $6,066.60 |
| 5 | Stifel Nicolaus | $5,638.50 |
| 6 | Piper Sandler | $4,503.80 |
| 7 | J.P. Morgan Securities | $2,955.50 |
| 8 | Wells Fargo | $2,952.80 |
| 9 | Robert W. Baird | $2,920.10 |
| 10 | Morgan Stanley | $2,305.20 |
