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BAML’s bookrunning tally is the largest at just under $14 billion so far in 2018, but the number of deals is down, not just for the No. 1 bookrunner but across the top 10.
Table 1: US Municipal – Bookrunner (AT1)
Source: Deals Intelligence
Table 2: Top Five Largest Municipal Long Term Deals (April 1, 2018 – April 30, 2018)
Source: Deals Intelligence