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Municipal bond issuance jumped 37.2% in the first half of 2024, rising to $237.372 billion from $172.959 billion in the first half of 2023. The increased par amount was achieved in 4,016 deals in 1H 2024, up from 3,536 in 1H 2023, according to LSEG data.
BofA Securities remained at the top of the underwriters list, with $36.647 billion, accounting for 15.4% of the market. Raymond James was the sole new entrant in the Top 10, knocking out Citi — which
