The top 10 underwriters for healthcare issuance accounted for a total of $16.65 billion.
RBC Capital Markets ranked No. 1 with $3.75 billion, followed by J.P. Morgan Securities with $3.24 billion and BofA Securities with $2.98 billion.
Source: LSEG










The muni market digested Tuesday's heavy supply in the way analysts expected, H.J. Sims analyst Tim Iltz said.
McKinney, Texas, is fighting a challenge to a refunding of sales tax-backed bonds sold for a commercial airline service project at its general aviation airport.
"Regulatory change in this area is needed without further delay," SIFMA said in a letter.
The drought-stricken Texas city's utility system rating was cut two notches to A, marking a continued downward trend in its credit quality.
Muni advocates are actively working on championing a bill that would address a wish list of provisions designed to boost bond sales.
PFM sees the expansion as a way to strengthen its position.