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Record $21 Billion Water Bonds Sold With Trump Budget Cuts Ahead

Record $21 Billion Water Bonds Sold With Trump Budget Cuts Ahead
Bloomberg Markets Thursday 18 June 2026, 17:06 UTC By Shruti Singh, Nic Querolo 1 min read
Key Points

Record $21 Billion Water Bonds Sold With Trump Budget Cuts Ahead Water utilities are selling bonds at a record pace to upgrade aging pipes and meet tougher regulations as they prepare for a potential pullback in federal funding. More than $21 billion of water and sewer bonds have been sold so far in 2026, the most compared to the same period since 2015, according to data compiled by Bloomberg. Borrowers in New York, California and Texas have made the biggest contribution.

Record $21 Billion Water Bonds Sold With Trump Budget Cuts Ahead Water utilities are selling bonds at a record pace to upgrade aging pipes and meet tougher regulations as they prepare for a potential pullback in federal funding. More than $21 billion of water and sewer bonds have been sold so far in 2026, the most compared to the same period since 2015, according to data compiled by Bloomberg. Borrowers in New York, California and Texas have made the biggest contribution.
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Originally published by Bloomberg Markets Read original →

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