Hospitals delay deals; bond volume falls 15%.
Many municipal healthcare bond deals were put on hold during the third quarter of this year because of a wide spread in interest rates, resulting in a 15.5% dip in total volume compared with last year. Some 143 new tax-exempt healthcare bond issues worth a total of $5.07 billion were sold in July, August and September, compared with 191 issues worth $6 billion sold in the year-ago period.
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D002202:Capital Financing / Q000706:statistics & numerical data / Q000639:trends*; D003625:Data Collection; D005377:Financial Management, Hospital / Q000639:trends*; D007449:Investments / Q000191:economics / Q000706:statistics & numerical data; D014481:United States