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Muni Nation: Reality Check

Total new bond issuance in the U.S. was $102 billion year-to-date (YTD) ending May 23, 2014. Tax-exempt municipal bond issuance was $93 billion during the same period. The difference between the two was taxable bond issuance.   Year Total Bond Issuance ($B) Tax-Exempt Muni Bond Issuance ($B)...
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