New Jersey next week will sell $1.8 billion of special obligation notes via competitive bidding to help the state with its cash-flow requirements.

The Garden State typically sells approximately $2 billion of short-term debt in the late summer or fall each year to help boosts liquidity until it receives tax receipts in the spring. The notes will price Wednesday and the Series 2009A transaction is about $200 million smaller than last year's note deal.

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