Bank of America can lay claim to being the leading underwriter in the US municipal sustainable bond market. In 2024 it said it executed 44 deals across all use-of-proceeds categories, totalling over $10 billion in par value.

Transactions included:

• The largest ever green bond issuance in the market, for JFK New Terminal One.
• An innovative transaction for Hanwha Q CELLS USA to finance investments at its solar panel manufacturing facilities in the State of Georgia.
• An over $800 million Social Bond for the City of New York for affordable housing.
• Fircrest Properties' inaugural transaction to finance the construction of a 120-bed, accessible nursing facility and auxiliary structures in the State of Washington for use by the Department of Social and Health Services.