DALLAS — Arizona will issue $200 million of tax anticipation notes for its unemployment insurance program, which is coping with a jobless rate above the national average amid federal budget cuts.

The issue is the first for the insurance program, said Tasya Peterson, spokeswoman for the Arizona Department of Economic Security.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.