A handful of sizable deals will make their way to the primary market this week as the municipal market begins to show signs of the seasonal lull in volume that is typical ahead of the Memorial Day holiday next week.

Volume this week is expected to total an estimated $5.42 billion, compared with last week when the market saw a revised $7.50 billion in supply, according to Thomson Reuters. The sharpest decline in volume this week is represented by the drop in planned negotiated sales, which is estimated at $3.33 billion compared with a revised $6.04 billion last week.

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