Education bonds: How issues have changed in 1H 2024

Bonds

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Education issuance in the first half of 2024 rose 27% year-over-year, increasing to $64.516 billion across 1,646 issues from $50.796 billion in 1,559 transactions from 1H 2023.
Supply was led by K-12 education at $40.971 billion, up 7.9% year-over-year.
Higher education issuance, though, surge 103.9% to $22.504 billion, helped by large deals from prestigious and well-known universities.

Type 1H 2024 Volume ($ millions) 1H 2024 Issues 1H 2023 Volume ($ millions) 1H 2023 Issues Percent change
Total $64,516.0 1,646 $50,795.9 1,559 27.0%
K-12 Education 40,970.90 1,408 37,973.70 1,371 7.9%
Higher Education 22,503.80 200 11,038.20 141 103.9%

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