Market Post: Calif. Increases GO Deal to $2.5B
Posted March 11, 2010The municipal market remained mostly unchanged this afternoon, as California increased to $2.5 billion its general obligation sale.
JPMorgan priced the now-$2.5 billion of California GO bonds, upsized from an originally planned $2 billion, following a two-day retail order period during which $1.38 billion was sold, representing 69% of the original sale amount.
To read the column in its entirety, go to The Bond Buyer web site.
Michael Scarchilli
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