CHICAGO - The Indianapolis Public Improvement Bond Bank plans to head to market with two issues over the next few weeks after pricing $127 million of notes yesterday to cover cash-flow deficits for local governments.

Yesterday's note sale will help Marion County and Indianapolis cover cash flows until property tax revenue begins to flow in next year, while the upcoming refundings are expected to eliminate the bond bank's final piece of auction-rate debt and a chunk of insured variable-rate debt.

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