Muni Inflows Continue, Boosting New-Issue Performance; BAM Weekly Update, 1/20/23
Channel: Build America Mutual (BAM)
Date: 2023-01-20

Municipal new-issue volume reached $10 billion despite a shortened trading week following the Martin Luther King Day holiday, but $1.5 billion of inflows to municipal mutual funds helped absorb the sales. BAM insured more than $430 million, including school bonds from Missouri, Texas, and New Jersey.

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