BRADENTON, Fla. - The Florida Hurricane Catastrophe Fund expects to return to the municipal bond market next week after a nearly three-year hiatus to sell $2 billion of high-grade taxable bonds with maturities a market expert said should entice the sector's growing investor base.

The state-run, nonprofit FHCF will use bond proceeds as "pre-event" liquidity to make timely payments for reinsurance claims related to hurricane losses, if needed during this year's tropical storm season. The season typically runs from June through November.

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