On the heels of last week’s robust calendar, volume will be noticeably lighter this week as only a handful of sizable deals deliver an estimated $4 billion to the municipal market amid abbreviated trading due to the observance of yesterday’s Memorial Day holiday, according to Ipreo LLC and The Bond Buyer.

By comparison, last week the market saw the arrival of a revised $7.69 billion, according to Thomson Reuters, $1.02 billion higher than the $6.67 billion originally anticipated.

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