Massachusetts will sell $490 million of new-money general obligation debt Tuesday as the state looks to broaden its retail investor base.

The Series 2011B and Series 2011C bonds are the final component of the commonwealth’s $1.62 billion borrowing plan for fiscal 2011, which ends June 30. The tax-exempt bonds were initially priced for retail Friday with yields ranging from 0.52% to 3.61% and maturities ranging from 2012 to 2025.

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