The phrase "municipal issuers" refers to government entities like cities, towns, or counties that sell bonds to raise funds for public projects such as building schools, improving infrastructure, or funding public services. Full definition
There generally is limited public information about municipal issuers. (funds.eatonvance.com)
This can be attributed to the large number of municipal issuers and variety of securities. (fidelity.com)
reimburse all refinancing fees to any state municipal issuers who issued auction rate securities in the initial primary market between August 1, 2007 and February 11, 2008, who refinanced those securities after February 11, 2008; and (nasaa.org)