California Muni Investors Facing Biggest Issuance Gap in Nationby
In the next 30 days, state's supply is negative $2.3 billion
Only 11 states, led by Alabama, see positive net supply
California will see the biggest deficit in municipal debt supply over the next 30 days among all U.S. states, the District of Columbia and Puerto Rico, according to data compiled by Bloomberg. The most-populous state has $2.9 billion of securities that will be called or mature in the next month. Of the 11 states with positive supply over the next month, Alabama has the most with $1.5 billion, according to the data.