Hospital bond issuance nearly nonexistent in past 30 days

Only three hospitals issued fixed-rate, tax-exempt bonds in the past 30 days, according to a report from HFA Partners.

One hospital in the "A" category, one in the "BBB" category and one rated "MIG2" sold bonds in the last 30 days.

Bond issuance activity picked up late last year due to the threat of tax reform, with 32 hospitals and health systems selling fixed-rate, tax-exempt bonds between Nov. 15, 2017, and Dec. 15, 2017. However, the market has remained muted over the past two months, according to the report.

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