Municipal market participants will be more than ready to deal with another light calendar, as some uncertainty that was surrounding the market about interest rates has now subsided, helping to strengthen demand.

Ipreo estimates volume will inch up to $4.5 billion, from a revised total of $4.35 billion in the past week, according to updated figures from Thomson Reuters. The calendar for the week ahead is composed of $2.94 billion of negotiated deals and $1.56 billion of competitive sales. There are only 10 scheduled sales larger than $100 million next week and there are no sales larger than $600 million.

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