A flurry of New York issuance helped to boost supply last week in the municipal bond market as buyers grabbed $1.87 billion of debt from the Empire State.

The week’s largest deal was a $829 million New York State general obligation transaction that included tax-exempt and taxable new-money and refunding bonds in four different series. Wells Fargo Securities was the winning bidder on the bulk of the competitive transaction. Bank of America Merrill Lynch was the winning bidder on the $231 million Series 2011C tax-exempt refunding bonds.

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