BRADENTON, Fla. — Gilt-edged Virginia is poised to sell $167 million of state general obligation bonds, split for the first time between the negotiated and competitive calendars in a two-way sale that should tap the most retail investors and some of the lowest rates.

The state prices $87.93 million of Series A GO bonds Wednesday in a negotiated sale aimed at making them available to in-state retail investors. The state on Thursday will then competitively price $78.98 million of Series B GOs, plus any bonds that were not sold on Wednesday.

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