With much of the market still in vacation mode following Monday’s Labor Day holiday, Minnesota plans to issue $899.6 million of general obligation bonds in the only sizable deal expected to arrive this week.

The summer doldrums will continue to curtail issuance in a second straight week of otherwise light trading and underwriting activity. Ipreo LLC and The Bond Buyer expect an estimated $3.02 billion in new, long-term volume on the heels of a revised $3.59 billion that actually made its way to the primary market last week, according to Thomson Reuters.

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