Despite the strong tone in the municipal market for much of this week, issuers have noticeably scaled back new financings next week, giving the market a chance to catch its collective breath after digesting a recent glut of new volume.

On the heels of a revised $7.19 billion in new issues that Thomson Reuters reported was priced this week, next week’s $2.96 billion estimate provided by The Bond Buyer and Ipreo LLC pales in comparison.

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