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Article published November 10, 2009

California May Pay More Than in March at $1.5 Billion Bond Sale

By Bloomberg.com

Posted: November 10, 2009 - 12:01 am ET

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California, which will tap the municipal bond market for the fifth time in the past six weeks, may pay a higher yield than in late March, possibly raising costs for other borrowers when it seeks $1.5 billion today.

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