The municipal market weakened yesterday, following the Treasury market, and the week's largest scheduled new-issue transaction was postponed.

Goldman, Sachs & Co. yesterday delayed a planned $1.5 billion sale of senior-secured bonds for Florida's Citizens Property InsuranceCorp. Sources at Goldman said that the deal is now listed as day-to-day, but declined to elaborate on why the deal was postponed. They did note, however, that a press release would be forthcoming.

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