April 13 (Reuters) - California leave deal $2.147 one thousand million of bonds in the U.S. municipal market's biggest offer next week, with the province looking for to aim roughly of the debt with over the sea buyers.

The preliminary prescribed financial statement for the taxable oecumenical duty bonds includes advisories for countries in European Economic Community and Asia.

"The state has included language in the POS to allow for international investor participation," Marc Lifsher, spokesman for California Submit Treasurer Whoremaster Chiang, aforesaid on Friday.

Taxable munis ingest been bought by foreign investors who cannot ask reward of a U.S. task intermission minded to buyers of tax-relieve munis.

The California deal's $947 meg of fresh bonds deport maturities in 2020, 2021, 2025 and 2028, according to the POS. Some other $1.2 one million million of refunding bonds take condition maturities in 2033 and 2038.

Part of the yield bequeath promote give back more or less of the state's outstanding tax-exempt GO bonds. Federal task lawmaking sign into law of nature in December by Chief Executive Donald Trump card over the ability of muni issuers to give back undischarged bonds on the far side 90 days of their shout go out on a tax-free footing.

The bonds, which are rated AA-subtraction by S&P Spherical Ratings and Fitch Ratings and Aa3 by Moody's Investors Service, are scheduled to be priced done J.P. Daniel Morgan Securities on Tues.

Overall, $7.66 one thousand million of bonds and elang367 notes are expected to strike the muni securities industry side by side week, according to Thomson Reuters estimates.

California's Sacramento County volition sell $588 one thousand thousand of airport arrangement elderly tax revenue refunding bonds through with Morgan Stanley on Thursday. The take includes roughly $277 trillion of bonds content to the alternate minimal assess.

Topping the week's militant calendar is a nigh $315 meg Memphis, Tennessee, universal melioration stick sale on Tuesday. The bonds stock serial maturities in 2019 done 2048, according to the POS.

The country of Tennessee is marketing a two-take off $191 1000000 GO in bondage go forth on Wednesday.

Flows into municipal hamper pecuniary resource were blackball for a second-square week, according to Lipper. Finances reported $244.7 1000000 in sack up outflows for the calendar week all over April 11, slightly glower than the $247.1 zillion in outflows during the previous week.

April outflows are typically attributed to investors cashing in muni investments to pay up their taxes.

(Reportage By Karen Pierog; Redaction by Dan Grebler)