Los Angeles serves up a $1.2 billion tax and revenue anticipation note sale in the short-term market this week while issuers in New York deliver a pair of substantial deals in the long-term market.

The new activity comes just as investors bid adieu to the first half of 2010 and gear up for an estimated $4.07 billion in new, long-term volume, according to Ipreo LLC and The Bond Buyer.

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