The Bond Buyer: Tax law changes, muni provisions to alter muni landscape

10/01/2021

"Volume this September, while much lower than 2020, was still above-average on a historical basis, noted Tom Kozlik, head of municipal strategy and credit at HilltopSecurities Inc.

Some analysts predict total issuance will fall short of last year’s $484-billion-plus record as the year has unfolded with unexpected variables such as the infusion of billions of federal coronavirus relief spending and the COVID-19 Delta variant.

Kozlik said his prediction for about $460 billion on the year stands, with expectations of $50 billion to $55 billion in October and around $30 million each in November and December."

 

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