With Labor Day behind it, the municipal market will see a big surge in new deals this week, with estimated issuance rising to $4.65 billion, close to the weekly average this year.

Issuance is more than twice the amount of last week’s revised $1.95 billion, according to Thomson Reuters. With the three largest negotiated long-term deals coming as refundings, investors may finally be taking advantage of record lows.

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