CHICAGO - Minnesota tomorrow will competitively sell $465 million of new-money and refunding general obligation bonds to raise funds to pay for projects included in the more than $800 million capital budget approved this year or from past spending plans.

The deal is the first state bond sale under the leadership of Kathy Kardell - who took the position as assistant commissioner for treasury in February following the retirement of the state's long-time debt steward, Peter Sausen.

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