US muni bond sales up 32 pct to $367 bln in 2012--Thomson Reuters report

Wed Jan 2, 2013 2:12pm EST

Jan 2 (Reuters) - U.S. municipal bond sales climbed to $367 billion in 2012, up 32 percent over 2011 but lagging 2010's record-setting $430 billion of debt sold, according to Thomson Reuters data released on Wednesday.

Bank of America Merrill Lynch was the top bookrunning underwriter in the $3.7 trillion muni market with 462 deals totaling $53 billion.

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