Texas Department of Housing and Community Affairs plans $106.5 million bonds

By Aaron Hochman-Zimmerman

New York, July 23 - The Texas Department of Housing and Community Affairs will sell $106.5 million of series 2009A-B bonds (Aaa/AAA/) on July 30, according to a calendar of upcoming sales.

J.P. Morgan Securities Inc. will act as underwriter for the negotiated bonds.

The deal will include a term bond that will mature in 2040.

The Texas Department of Housing and Community Affairs is located in Austin, Texas.

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