Long-term municipal bond issuance is half of what it was a year ago, with volume down 51% through the end of May versus the same time last year.

Roughly $83.7 billion of new debt has come to market so far this year, less than half of the $170 billion priced over the first five months of 2010, according to data from Thomson Reuters.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access