Zions First National Bank has been listed among the nation's top 10 municipal financial advisers for 1998.

For the second consecutive year, Zions ranked ninth in the Securities Data Corp.'s listing of the nation's top financial advisers. SDC annually ranks the performance of firms based on the par value of bonds issued.Last year Zions acted as adviser on 152 issues totaling nearly $3.8 billion, up from $2.5 billion the previous year.

Being one of the largest municipal advisory firms in the United States, Zions is the only primary dealer for U.S Treasury securities headquartered west of the Mississippi. In April 1998, Zions Investment Securities Inc. became the first operating subsidiary of a commercial bank to underwrite municipal revenue bonds. Zions also teamed with the state of Utah to conduct electronic bidding procedures for competitively sold bonds over the Bloomberg Terminal Service.