Two sizable California offerings and a large North Carolina power deal will lead the primary activity this week as the municipal market faces a slight lull in new-issue volume on the heels of a supply swell last week.

An estimated $4.81 billion of competitive and negotiated volume is expected to be sold this week, compared with a revised $7.29 billion that came to market last week, according to Thomson Reuters.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.