A $495 million competitive sale of Arkansas general obligation bonds will lead primary market activity this week in the municipal bond market as long-term volume increases after last weeks holiday lull.
The GO is part of $5.86 billion in long-term muni-bond issuance headed to market this week, as estimated by Ipreo LLC and The Bond Buyer. Last week, Thomson Reuters reported that issuers trimmed sales to a revised $1.43 billion for the past week, which was shortened by the Labor Day and Rosh Hashanah holidays.
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