DALLAS — The Texas Tech University System will get the Southwest bond market rolling next month with $198 million of revenue bonds after a lean year for higher education.

New money for Texas higher ed in 2011 amounted to less than a third of the $2.3 billion issued in the full year of 2010, according to Thomson Reuters. Combined new-money and refunding issues in Texas higher ed were about $1.4 billion this year, down from $3.5 billion in 2010.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.