New Mexico to sell $222.8 million in general obligation bonds April 22

By Sheri Kasprzak

New York, April 15 - The State of New Mexico is set to sell $222.8 million in series 2009 capital projects general obligation bonds on April 22, according to a notice of sale released Wednesday.

The bonds will be sold competitively with Fiscal Strategies Group Inc. and Public Resources Advisory Group as the financial advisers.

The bonds are due 2010 to 2019.

Proceeds will be used to construct, acquire or improve senior facilities, libraries, health, higher education and state special school projects.

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