DALLAS - More than 10 Texas municipalities have used or rare considering using a new type of anticipation note that could become a prevalent debt in instrument in Texas.

"Potentially, every city and county we have could use it," said Dan Wegmiller, an associate with First Southwest Co.'s office in Austin. "You are probably looking at hundreds of deals."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.