Municipal issuers are gearing up to sell more than $9 billion of new bonds in the coming week, led by a $2.9 billion Texas transportation offering, as buying over the previous two sessions suggests demand may be gaining momentum.

On Friday, the generic, triple-A general obligation scale in 2043 ended down one basis points at 4%, after falling five basis points the prior day, according to Municipal Market Data. Deals found demand, including Thursday’s $217 million competitive, triple-A-rated Utah GO sale, most of which ended up firmer than the MMD scale. There was also demand for a $228.5 million double-A-rated University of Connecticut GO sale that priced for retail on Friday and whose final 2033 maturity came with a 4.33% yield.

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