The municipal market was unchanged yesterday as participants focused mostly on new issues, leaving the secondary largely quiet.In the new-issue market yesterday, Goldman, Sachs & Co. priced $245.8 million of sales tax revenue refunding bonds for the Los Angeles County Metropolitan Transportation Authority.

The bonds mature from 2010 through 2020, with yields ranging from 0.85% with a 0.75% coupon in 2010 to 3.94% with a 5% coupon in 2020.

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