Ajay Thomas in The Bond Buyer

Population growth, particularly in suburban communities, is driving bond proposals, according to Ajay Thomas, head of public finance at FHN Financial.

"It is not surprising to me that translates to increased issuance by MUDs and (public improvement districts) in the state, as well as increased infrastructure spending from municipalities and counties," he said in an email. "It feels like we will see a customary high percentage approval rate for the bond package requests overall."

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