A $1.65 billion offering of California notes was the only significant item in an otherwise somnambulant tax-exempt session yesterday.

The 1991 interim note issue was oversubscribed at a 4.75% yield at the preliminary pricing and its size increased to $1.65 billion from $1.5 billion. The notes will be dated and delivered today and will mature Aug. 15, 1991. They were marketed through an underwriting syndicate led by Lehman Brothers.

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