Top underwriters in 1H 2024 see minor shuffling

Bonds

Enjoy complimentary access to top ideas and insights — selected by our editors.

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 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 formally exited the muni market by the end of Q1 2024.

Articles You May Like

Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level
Ethereum Price Fights for MomentumTraders Watch Key Resistance
XRP Price Momentum Spikes $2.25 Break Could Spark Bigger Rally
CME Bitcoin Futures Show Diverging Trends Between Institutions and Retail Traders
BNB Price Reclaims $600 Is This the Start of a Major Upside Move?