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Published on 8/3/2009 in the Prospect News Municipals Daily.

Minnesota to sell $600 million of general obligation bonds on Aug. 11

By Jennifer Chiou

New York, Aug. 3 - The State of Minnesota announced plans to price $600 million of

general obligation state bonds on Aug. 11, including:

• $192,275,000 of general obligation state various purpose bonds, series 2009D with maturities from Aug. 1, 2010 to 2029;

• $80 million of general obligation state trunk highway bonds, series 2009E with maturities from Aug. 1, 2010 to 2029;

• $299,220,000 of general obligation state various purpose refunding bonds, series 2009F with maturities from Aug. 1, 2010 to 2021; and

$28,505,000 of general obligation state trunk highway refunding bonds, series 2009G with maturities from Aug. 1, 2010 to 2021.

The competitive bonds are expected to settle on Aug. 26.

The Bank of New York Mellon Trust Co. NA is the bond registrar and paying agent.


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