LOS ANGELES - Honolulu priced $913 million of tax-exempt and taxable general obligation bonds Thursday at historic low interest rates and refinanced older bonds to save taxpayers more than $75 million, officials said.

Honolulu refinanced more than $625 million of GO bonds. The average interest rate on the tax-exempt bonds for new projects was 3.20%, the lowest rate the city has achieved in recent history, officials said.

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