Muni Volume Hit Record High for April

Walker, Susanne
May 2003
Bond Buyer;5/1/2003, Vol. 344 Issue 31626, p1
Trade Publication
The article reports about the rise in volume of long-term municipal bonds in April 2003. The volume in the month totaled over 29.28 billion dollars, the highest ever sold in April 2003, and new-issue volume for January 2003 through April 2003 was 113.46 billion dollars, the largest amount ever sold in the first four months of any year, according to preliminary figures from Thomson Financial Inc. The month's amount exceeded by 13.4 percent the 25.84 billion dollar April record set in 2002. The overall amount represents a 20.7 percent increased over the 94 billion dollars sold in the first four months of 2002. The number of issues in April 2003 decreased to 916 from 1,224 sold in April 2002. Overall, the number of issues decreased to 4,035 in the first four months of 2003 from 4,345 issues sold in the same period in 2002.


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