(Bloomberg) -- The city of New York and the state
of Minnesota are selling a combined $1.4 billion of fixed-rate
bonds in today's largest debt offerings by U.S. municipal
borrowers.
New York is offering bonds to institutional investors from
a $700 million deal managed by Morgan Stanley designed to
refinance higher-interest debt. Minnesota is taking bids from
investment banks seeking to underwrite $670 million of bonds,
the state's largest general obligation offering to date.
Read more at Bloomberg Bonds News
of Minnesota are selling a combined $1.4 billion of fixed-rate
bonds in today's largest debt offerings by U.S. municipal
borrowers.
New York is offering bonds to institutional investors from
a $700 million deal managed by Morgan Stanley designed to
refinance higher-interest debt. Minnesota is taking bids from
investment banks seeking to underwrite $670 million of bonds,
the state's largest general obligation offering to date.
Read more at Bloomberg Bonds News
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