The primary muni market is set to break the pattern of low and slow volume and give market participants a variety of options to put their money to work. The timing of the almost $10 billion in weekly volume will help close the third quarter on a high note.

WEITZMAN: After weeks of low and slow volume, the primary muni market is expected to kick it up a gear and close out the third quarter on a high note. The market is expected to see 9.9 billion this week, the most volume since the week of June 19th, when volume was around 11.8 billion. There are 24 deals scheduled over 100 million or larger, with nine of those coming from the competitive route. The biggest deal of the week will come from the Texas Water Development Board as it is set to bring more than 1 billion of top-rated SWIRFT bonds on Tuesday. Whether it's because it's a push to get in before the end of the quarter or a rush to get in before interest rates possibly go higher soon, market participants will have lots of options of where to put money to work. As it stands before the last week of September, total long-term muni volume is at 285 billion. Meaning that we would need to close out the year averaging 35 billion a month to reach 400 billion. I'm Aaron Weitzman and this has been your muni minute.