(Bloomberg) -- Municipal bond sales in the U.S. are set to decrease in the next month while the amount of redemptions and maturing debt rises.
States and localities plan to issue $7.8 billion of bonds over the next 30 days, according to data compiled by Bloomberg. A week ago, the calendar showed $11.2 billion planned for the coming month. Supply figures exclude derivatives and variable- rate debt. Some municipalities set their deals less than a month before borrowing.