WASHINGTON — Wake County, N.C., on Wednesday is expected to competitively price $421.7 million of general obligation refunding bonds, its largest refunding deal on record.

The Series 2010C bonds are expected to mature between 2013 and 2026. The county, the state’s third-largest issuer, plans to use the proceeds to refund bonds issued in 2003, 2004, 2005, 2007, and 2009 for a minimum 3% savings rate.

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