Puerto Rico will headline primary market activity this week with its scheduled sale of $1.1 billion of general obligation bonds, along with a handful of education deals and at least two sizable auction-rate conversion deals.

Overall, an estimated $7.1 billion of new competitive and negotiated volume is expected to come to market this week. Last week, a revised $9.2 billion of supply made its way to market, according to Thomson Reuters, including a $2 billion Connecticut taxable GO sale.

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