The Puerto Rico Sales Tax Financing Corp. and Illinois will each bring billion-dollar financings to the primary market this week that will contribute to a $5.47 billion slate in estimated new volume, according to Ipreo LLC and The Bond Buyer.

Last week, issuance dipped to a revised total of $2.89 billion in competitive and negotiated sales as a result of the market being closed on Monday in observance of the Martin Luther King Jr. holiday, according to Thomson Reuters.

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