What the market will buy this week

Some big deals are heading into the municipal bond marketplace this week as sales from a convention center in Washington state and the state of Maryland will be offered to buyers still flush with cash from the June-July redemption period.

I'm ship-borne it and this is your Muni minute Municipal.

Bond buyers will be looking at several big deals heading their way this week leading the pack is and almost 1 billion dollar negotiated offering coming from the Washington State Convention Center Citigroup and Goldman Sachs are set the price the 974 million dollars of lodging tax Bonds on Wednesday.

The convention center is located in Seattle and King County proceeds on the sale will be used to finance the cost of constructing an addition to the 30 year old building also on tap Maryland is set to competitively sell over 500 million dollars of bonds to fund a variety of public purposes such as grants and Loans to local governments and public schools.

I'm chip more net.

And this has been your Muni minute.