Texas Water Development Board to sell $152.96 million G.O.s Tuesday

By Sheri Kasprzak

New York, Jan. 30 - The Texas Water Development Board is expected to sell $152.96 million in series 2009A general obligation water financial assistance bonds, according to a calendar of sales.

The bonds (Aa1//AA+) will be sold on a negotiated basis with Ramirez & Co. as the senior manager.

The bonds are due 2009 to 2029.

Proceeds will be used to fund water infrastructure improvements to political subdivisions for water conservation.

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