Politics
Municipal Bond Sales Cross $500 Billion Mark at Record Pace
Key Points
Municipal Bond Sales Cross $500 Billion Mark at Record Pace US states and local governments are selling debt at a record clip, borrowing more than $500 billion so far this year as the need for infrastructure and airport upgrades mounts. Municipal bond issuance is up almost 6% from the same period last year and is on pace to top $600 billion by year-end, according to data compiled by Bloomberg. In 2025, bond sales crossed the threshold in early November.
Municipal Bond Sales Cross $500 Billion Mark at Record Pace
US states and local governments are selling debt at a record clip, borrowing more than $500 billion so far this year as the need for infrastructure and airport upgrades mounts.
Municipal bond issuance is up almost 6% from the same period last year and is on pace to top $600 billion by year-end, according to data compiled by Bloomberg. In 2025, bond sales crossed the threshold in early November.