The market turned its eyes to the West Coast Tuesday morning as California was expected to price for retail $2.15 billion of tax-exempt bonds and took indications of interest on almost $600 million of taxable debt.

JPMorgan is expected to open the first of two retail order periods for $2.15 billion of California various purpose general obligation bonds, rated A1 by Moody's Investors Service, A by Standard & Poor's, and A-minus by Fitch Ratings. The series include $1.08 billion of various purpose new money GOs and $1.07 billion of various purpose refunding GOs. A second retail order period is expected Wednesday followed by institutional pricing Thursday.

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