(Bloomberg) -- West Virginia, San Antonio and
Illinois led U.S. state and local government borrowers this week
with the largest of $9 billion in long-term bond sales.
The West Virginia Tobacco Settlement Finance Authority sold
more than $900 million of taxable securities backed by annual
payments from cigarette makers. The SA Energy Acquisition Public
Facility Corp. issued $649 million of bonds to lock in a 20-year
supply of natural gas for San Antonio's CPS Energy. Illinois
offered $437 million of state bonds to refinance debt and pay
for new highway, school and public building projects.
Read more at Bloomberg Bonds News
Illinois led U.S. state and local government borrowers this week
with the largest of $9 billion in long-term bond sales.
The West Virginia Tobacco Settlement Finance Authority sold
more than $900 million of taxable securities backed by annual
payments from cigarette makers. The SA Energy Acquisition Public
Facility Corp. issued $649 million of bonds to lock in a 20-year
supply of natural gas for San Antonio's CPS Energy. Illinois
offered $437 million of state bonds to refinance debt and pay
for new highway, school and public building projects.
Read more at Bloomberg Bonds News
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