U.S. muni supply rises 12.2 pct in 2016, California the top issuer

Jan 3 (Reuters) - U.S. states, cities, schools and other

issuers sold $423.8 billion of debt in the municipal market in

2016, a 12.2 percent increase over 2015 and the largest annual

supply since 2010's record $430.4 billion, according to Thomson

Reuters data on Tuesday.

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