The municipal market can expect about $5 billion in new issuance this week, making it the third week in a row to see volume at that relatively subdued level. Last week saw a revised $5.11 billion, following a revised $7.8 billion the week before.

Issuance has ticked up in recent weeks but is still running at about half of the volume sold in 2010.

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.