New issuance remains sparse with a light calendar this week on the heels of last week’s slim pickings.

According to Ipreo LLC and The Bond Buyer, an estimated $4.4 billion of new volume is expected to be priced this week. That compares to a slightly more paltry $4 billion revised from last week. While volume is slightly higher than last week, it still does not match the roughly $8 billion weekly average for 2010.

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