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Published on 9/9/2011 in the Prospect News Municipals Daily.

Ohio aims to sell $675 million of municipal bond in upcoming months

By Devika Patel

Knoxville, Tenn., Sept. 9 - Ohio state issuers will price five bond offerings for a total of $675 million by March, according to the state's bond sales calendar.

On Sept. 21, the Ohio Public Facilities Commission will sell $300 million of common schools general obligation bonds in a competitive sale. The commission also plans to sell $120 million of local infrastructure general obligation bonds in January and $75 million of third frontier tax-exempt general obligation bonds in February or March.

Also in February or March, the Ohio Housing Finance Agency will offer $100 million of its single family mortgage revenue bonds in a negotiated sale and the Ohio Water Development Authority plans to sell $80 million of fresh water revenue bonds in a negotiated sale.


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