The California Department of Water Resources plans to issue an undetermined amount of revenue bonds for its Central Valley Project Water System on Oct. 6, according to the state treasurer’s office.

De La Rosa & Co. and Morgan Stanley have been selected as senior managers.

The department’s last issuance of $189.9 million in refunding bonds carried ratings of Aa1 by Moody’s Investors Service and AAA by Standard & Poor’s.

The DWR bonds were priced at $21.7 with an interest rate of 5.25% and a maturity date of Dec. 1, 2035, and were expected to yield 4%.

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