The municipal market was mostly firmer yesterday, with some weakness on the long end, as a $1.5 billion offering from the Empire State Development Corp. hit the primary market, the week’s largest offering.

“There’s definitely some firmness out there,” a trader in New York said. “There is some decent trading activity. People that want to get stuff done are getting it done. We’re probably better a good two, three basis points at this point.”

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