Supply-hungry investors will face a thin calendar of post-holiday fare as an estimated $2.99 billion is expected to enter the municipal market this week, according to Ipreo LLC and The Bond Buyer.

Volume began to slow last week when underwriters and issuers trimmed the new-issue calendar ahead of the Labor Day weekend. A revised $3.32 billion came to market, according to Thomson Reuters.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.