New York State Dormitory Authority

The primary municipal market saw fresh paper greeted by bond-craving investors who are looking to put money to work before a new decade dawns.

As there are just eight full work days remaining in the year, muni market leaders believe that 2020 will look a lot like 2019 — high volume, increasing taxable issuance and strong demand.

Reuben R. McDaniel III will head the Dormitory Authority of the State of New York.

Issuance drops ahead of the holidays; taxables maintain their presence.

Citi sees volume growing in 2020 to $440 billion with $95 billion of taxables on tap for next year.

Citigroup got set to price the $632 million Main Street Natural Gas deal, while Goldman Sachs prepped $315 million of Emerald Renewable Diesel bonds.

The last remaining deals of the week priced into a muni market that continues to perform strongly, as technical factors and drivers persist.

The influx of issuance continued on Tuesday, with the largest deal of the week leading the way in the downpour of pricings.

The supply surge trend continues as the municipal bond market will see almost $12 billion of new deals hit the screens this week.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.