(Bloomberg) -- State and local governments borrowed more than $8 billion for a second week, led by new bond issues from Virginia and the nonprofit hospital networks of Sutter Health in California and Baptist Health South Florida.
A Virginia bond trust sold $1.1 billion of debt backed by annual settlement payments from cigarette makers, while Sutter and Baptist Health sold a combined $1.68 billion of hospital revenue bonds through state authorities.
Read more at Bloomberg Bonds News
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