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Published on 12/10/2008 in the Prospect News Municipals Daily.

New Issue: Wisconsin prices $100 million G.O. bonds with 3%-5.99% yields

By Sheri Kasprzak

New York, Dec. 10 - The state of Wisconsin priced a downsized $100 million in general obligation bonds this week, said David Erdman with the state's Department of Administration Wednesday. The state had originally planned to sell $150 million of the G.O. bonds.

The bonds were sold competitively on Monday with Barclays Capital Inc. as the winning bidder. The bonds are due 2012 to 2030 with coupons from 5% to 6% and yields from 3% to 5.99%.

Proceeds will be used for capital expenditures throughout the state.

Issuer:State of Wisconsin
Issue:General obligation bonds
Amount:$100 million
Type:Competitive
Underwriter:Barclays Capital Inc.
Pricing date:Dec. 8
Settlement date:Dec. 23
MaturityTypeCouponYieldPrice
2012Serial5%3.00%106.335
2013Serial5%3.25%107.049
2014Serial5%3.50%107.263
2015Serial5%3.76%106.947
2016Serial5%4.02%106.182
2017Serial5%4.29%104.936
2018Serial5%4.53%103.546
2019Serial5.25%4.78%103.797
2020Serial5%5.00%100.000
2021Serial5%5.14%98.724
2022Serial5.25%5.27%99.802
2023Serial5.25%5.35%98.999
2024Serial5.4%5.44%99.579
2025Serial5.4%5.53%98.604
2026Serial5.5%5.61%98.782
2027Serial5.6%5.69%99.974
2028Serial5.7%5.76%99.297
2029Serial6%5.95%100.576
2030Serial6%5.99%100.110

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