Bank of America Merrill Lynch reclaimed its title as the top underwriter of municipal debt for 2012 after losing it to JPMorgan in 2011, when it dropped to third place.
The investment bank significantly out-issued other underwriters in both long-term negotiated and competitive deals, which combined to a total of $53 billion from 462 issues and a 14.5% market share in 2012, according to Thomson Reuters data.
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