WASHINGTON - After more than three months of watching the municipal bond market seize up and then continue to stumble, the Maryland Transportation Authority is on the calendar to come back to market with $425 million of grant anticipation revenue vehicle bonds in a negotiated deal led by Merrill Lynch & Co. Wednesday and Thursday.

The deal marks the second and final tranche of Garvees raising money to finance the ongoing construction of the state's Intercounty Connector, a $2.4 billion, 18.8-mile toll road project.

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