(Bloomberg) -- Los Angeles, Colorado and a school
district in Texas will sell a combined $1.7 billion of bonds in
today's largest sales of U.S. state and local government debt.
Los Angeles will borrow $916 million with so-called tax-
and-revenue anticipation notes to cover the city's cash flow
needs until taxes are paid. Colorado will offer $500 million of
similar notes, while the Cypress-Fairbanks Independent School
District in Texas near Houston will sell $275 million of long-
term bonds for school construction.
Read more at Bloomberg Bonds News
district in Texas will sell a combined $1.7 billion of bonds in
today's largest sales of U.S. state and local government debt.
Los Angeles will borrow $916 million with so-called tax-
and-revenue anticipation notes to cover the city's cash flow
needs until taxes are paid. Colorado will offer $500 million of
similar notes, while the Cypress-Fairbanks Independent School
District in Texas near Houston will sell $275 million of long-
term bonds for school construction.
Read more at Bloomberg Bonds News
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