CHICAGO — Columbus, Ohio will offer buyers high-grade paper beginning Monday when it takes retail orders on a $320 million sale of general obligation notes and bonds to help cover its annual spending on capital projects.

The institutional pricing is set for Tuesday. Proceeds will finance "the city's capital improvement program which includes water, sewer, safety, and transportation projects ," said assistant auditor Megan Kilgore. Auditor Hugh Dorrian's office manages the city's borrowing.

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