The municipal market may stabilize in the coming week, helped by a calendar of new issues that is moderate in size, diverse in composition and rich in familiar and attractive names, market watchers say.

After a week in which the market mostly reeled from Detroit’s bankrupcty filing and a downgrade of Chicago, The Bond Buyer and Ipreo estimate volume will dip to about  $4.84 billion from total sales of $5.26 billion in the past week, as reported by Thomson Reuters. Leading the way, Citi expects to price more than $1.1 billion of Ohio Turnpike Commission bonds.

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