CHICAGO - The South Dakota Housing Development Authority enters the market today with $100 million in home-ownership mortgage bonds, its second issue this year amid a housing market that remains relatively robust as other states struggle with slumping markets.

After holding a retail order period yesterday, the state today begins institutional sales of the single-family housing bonds, about one-third of which are variable-rate. All the bonds are tax-exempt and interest on most of the debt is subject to the alternative minimum tax, although an $18.6 million chunk is not.

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