The Bond Buyer: 2021 issuance ‘impressive’ but shy of 2020 record
12/31/2021
“Total issuance for 2021 shaped up to be very close to what we expected after the American Rescue Plan Act propped up municipal credit,” said Tom Kozlik, head of research and analytics at HilltopSecurities in reference to the $350 billion that was doled out to states and their localities, plus various industries, such as airports, directly affected by COVID.