New Municipal Issuance: Supply Constraints to Persist?

By Tamara Lowin Senior Municipal Credit Analyst During the remainder of the year, demand for tax-exempt income is expected to continue to outpace the supply of new municipal issuance, increasing the likelihood of solid performance into 2023. Roadblocks to Refunding Continue to Pressure Tax-Exempt Supply The flow of newly issued bonds is the lifeblood of any [...] The post New Municipal Issuance: Supply Constraints to Persist? appeared first on ETF Trends .