As far as primary issuance in the municipal market goes, this week’s volume should weigh in at levels roughly where January has been so far: light.

The Bond Buyer calculated that municipal bonds expected to be sold this week will total $3.45 billion versus a revised $4.19 billion last week. Scheduled for auction are $1.03 billion in competitive offerings, compared with a revised $2.16 billion last week. Also slated for sale are $2.42 billion of negotiated deals, versus a revised $2.03 billion last week.

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