A $1.75 billion sale from California’s Bay Area Toll Authority will join a $1.4 billion offering of subordinate sales-tax revenue bonds from the Puerto Rico Sales Tax Financing Corp. to dominate the primary activity this week as the market prepares for an estimated $8.21 billion in new long-term volume, according to Ipreo LLC and The Bond Buyer.

Investors managed to digest most of a calendar last week that included the pricing of a revised $5.31 billion, according to Thomson Reuters, down slightly from the original estimate of $5.71 billion.

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