The Municipal Securities Rulemaking Board (MSRB) today released municipal market statistics for the first quarter of 2016, showing par amount traded rebounded to $634.7 billion, up from $507.3 billion traded in fourth quarter 2015 and slightly higher than the $618.5 billion traded during the first quarter one year ago. The MSRB’s quarterly statistical summaries include aggregate market information for different types of municipal issues and trades, and the number of interest rate resets for variable rate demand obligations and auction rate securities.