California and New York will share the new-issue spotlight in the long-term market this week, aiming to grab investors’ attention before the Labor Day hiatus and harness some of the demand that helped sell last week’s large deals.

California’s general obligation bonds and a revenue financing by the New York City Housing Development Corp.  will test the strength of the pre-holiday market as part of a $4.67 billion slate of long-term volume expected to be sold by issuers this week, according Ipreo LLC and The Bond Buyer. That compares to the prior week when a revised $3.76 billion was actually priced, according to Thomson Reuters. Texas  plans a$7.2 billion sale of tax and revenue anticipation noteson Tuesday.

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