Goldman, Sachs & Co. handily maintained its position as the top lead manager for the first half of 1992, managing 175 issues totaling $15.23 billion, according to Securities Data Co./Bond Buyer.

Goldman Sachs's total accounted for 13.6% of the $111.79 billion of municipal bonds sold in the first half of 1992, helping the firm easily outdistance its closest competitor, Merrill Lynch & Co., which ranked second with an 8.7% market share. Merrill underwrote $9.72 billion.

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