WASHINGTON - The West Virginia School Building Authority issued $30 million of qualified school construction bonds on Thursday in the biggest statewide deal for these securities since they were authorized by the new federal stimulus law.

This is the third QSCB transaction and the first by a state since the law was enacted in February, according to Thomson Reuters. The Dallas County Independent School District sold $1.2 million of these bonds Monday and the San Diego Unified School District did a $38.8 million deal in April.

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