Municipal bond insurers slapped coverage on nearly 40%. or $58.3 billion, of the $146.3 billion in new issues sold between January and June, setting a volume record for the sixth consecutive half-year period.

Virtually every bond insurer reported dramatic increases over the first six months of 1992, with the industry's overall volume up almost 48% from the $39.5 billion insured in the first half of last year, according to tallies supplied by company officials and Securities Data Co.

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