Texas to sell $6.4 billion tax and revenue anticipation notes Aug. 19

By Sheri Kasprzak

New York, Aug. 6 - The state of Texas plans to price $6.4 billion in series 2008 tax and revenue anticipation notes, said a source close the deal.

The bonds (//F1+), which mature Aug. 28, 2009, will be sold on a competitive basis Aug. 19.

Proceeds will be used for general expenses in the state.

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