Pennsylvania will issue $950 million of general obligation bonds this week, but it will do so a day later than originally expected.

The competitive bond sale was originally scheduled for Tuesday, but the state pushed back the sale a day to avoid coming to the market at the same time as an $800 million competitive Illinois deal, according to Jim Belonus, analyst at the Pennsylvania budget office. The bonds mature serially from 2014 through 2033, and are callable at par in 2024.

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