Bloomberg reported that state and local governments are scheduled to issue $14 billion in municipal bonds over the next 30 days.

It the projected issuance is met, this will be the industry’s busiest calendar since October 2018.

Based on Thompson Reuters’ data, 10-year and 30-year AAA municipal rates have declined by 80 and 61 basis points, respectively, since a year ago.

Contact Jenny Lee at JL@BuyMuni.com.