Muni Underwriting?

Just some background:

I’m and incoming public finance analyst at a BB, coming back after a successful summer stint. Didn’t have prior finance knowledge so still learning the ropes. During the summer internship I was requested to obtain scales from the desk in order to estimate interest rates for clients. I was also on a few pricing calls and enjoyed hearing the desk talk to clients about market updates.

I’m now interested in potentially networking with the Muni desk and trying to lateral.

A few questions:

1/ how are deals priced? How are spreads along the curve determined?

2/ how much does investor demand alter the rates for a given bond? I assume client wants lower and investor wants higher? And does pricing vary by other deals done in the same sector and/or region?

3/ how technical is the role? I’m pretty strong in math so I don’t think I’d have too much trouble.

4/ what does a typical day look like in terms of work?

5/ what are the general hours and compensation relative to muni S&T and public finance banking? Can the desk claim / be rewarded for brining in deals/relationships like the banking team? I overheard a senior banker saying the client loved working with our desk.