Low municipal interest rates spurred refundings that boost-led power volume to $11.5 billion during the first nine months of 1992, a 73.6% jump over the same period in 1991.

During the first three quarters of 1991, 120 power volume issues were sold for a total of $606.7 million, compared to 149 issues totaling $11.5 billion priced during the first nine months of this year, according to Securities Data Co.

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