Oregon Department of Veterans Affairs prices $50 million G.O. bonds

By Cristal Cody

Springdale, Ark., June 23 - The Oregon Department of Veterans Affairs priced $50 million general obligation bonds on Monday with a preliminary 1.06% initial yield, said Larry Groth, assistant director for the state's debt division.

The final terms are expected to be available after the bonds close on Tuesday.

J.P. Morgan Securities Inc. managed the negotiated sale.

Proceeds will be used for veterans' home loans.

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