With underwriters and investors still buzzing about last week's historic Build America Bond blitz in California, the municipal market is gearing up for the arrival of another significant slate - highlighted by $2 billion of Florida bonds - that will bring an estimated $6.28 billion in total issuance to the market in the last week of April, according to Ipreo and The Bond Buyer.

The estimated figure pales in comparison to the revised $12.67 billion in new supply that flooded the market last week. It was dominated by the mammoth sale of California's $6.85 billion taxable general obligation deal that included $5.23 billion of BABs - not to mention other BAB offerings from New Jersey and New York issuers.

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