Municipal volume is forecast to plunge to the lowest in six months as end-of-summer holidays approach.

There are only four deals greater than $100 million on the calendar for the week of Aug. 31, three of them negotiated deals. The estimated volume for the week is $3.3 billion, according to Ipreo. That's the lowest since revised volume of $3.2 billion the week of Feb. 16, according to Thomson Reuters. The revised total for the past week was $7.81 Billion this week, according to Thomson Reuters.

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