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Published on 12/1/2008 in the Prospect News Municipals Daily.

Wisconsin to sell $150 million G.O. bonds on day-to-day basis

By Sheri Kasprzak

New York, Dec. 1 - Wisconsin is planning to sell $150 million in general obligation bonds at some point this week, on a day-to-day basis, said David Erdman with the state's Department of Administration.

The bonds will be sold competitively.

Erdman said the earliest date the sale could occur was Monday, but the state had not "provided the required notice that establishes the sale date and time."

"This competitive bond sale could occur this week, but final plans have not been made," Erdman said.

Proceeds will be used for capital expenditures throughout the state.


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