A pair of deals, one several billion dollars and one nearly a billion, will share the spotlight in the primary market this week as an estimated $11.4 billion in total new-issue volume is expected, according to The Bond Buyer and Ipreo LLC. The mammoth offerings will almost double last week's volume, which was revised to $6.6 billion, according to Thomson Reuters.

The largest deal of the week is a $3.5 billion Puerto Rico Sales Tax Financing Corp. sales tax revenue issue, followed by a $900 million Los Angeles County tax and revenue anticipation one-year note sale that was postponed from last week.

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