Sales of bonds used to finance electric, water, sewer, and other utilities surged 34% in the first half of 1991, to $12.27 billion from $9.15 billion a year ago, according to figures compiled by Securities Data Co./Bond Buyer.

Sales of public power issues surged 44%, to $3.81 billion from $2.64 billion, as both new-money and refunding issues increased. Sixty-eight electric power issues came to market during the first half, up from 51 in the same period in 1990.

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