Reuters: Economic News: Municipal bond sales up 68.3 percent to $78.9 billion in first quarter

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Municipal bond sales up 68.3 percent to $78.9 billion in first quarter Apr 2nd 2012, 19:07 Mon Apr 2, 2012 3:07pm EDT (Reuters) - Municipal bond issuance totaled $78.9 billion in the first quarter of 2012, a 68.3 percent jump from the same period in 2011, according to Thomson Reuters data released on Monday. Bank of America Merrill Lynch (BAC.N) was the quarter's top senior underwriter with nearly $11 billion of debt in 106 deals.

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