Iowa to sell $602.375 million in special obligation bonds Tuesday

By Sheri Kasprzak

New York, July 9 - Iowa plans to sell $602.375 million in series 2009 IJobs Program special obligation bonds on Tuesday, according to an offering calendar.

The bonds (Aa3/AA/) will be sold through lead manager Barclays Capital Inc.

The sale includes $387.445 million in series 2009A tax-exempt bonds and $214.93 million in series 2009B Build America Bonds.

The 2009A bonds are due 2011 to 2029, and the 2009B bonds are due 2034.

The full details of the offering were not immediately available.

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