BRADENTON, Fla. - Georgia on Monday hopes to begin a two-day sale of $613.85 million of general obligation bonds - the gilt-edged state's first-ever negotiated new-money offering.

The fixed-rate sale also would be the biggest new-money GO deal nationally since Sept. 9, after which turmoil in the credit markets closed off borrowing for many issuers with large transactions and forced some that traditionally sold bonds competitively - like Georgia - to turn to negotiated transactions.

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