(Bloomberg) -- Washington D.C. borrowed $735 million
today in the week's largest auction of U.S. municipal debt after
winning its highest-ever general obligation credit ratings.
The U.S. capital joined city governments in Phoenix, San
Antonio and New York that tapped the municipal bond market today
for a combined $1.34 billion. The three other sales will help
fund an expansion of Arizona State University, pay for a new
coal-fired power plant southeast of San Antonio and refinance
debt used for capital work on New York City's water system.
Read more at Bloomberg Bonds News
today in the week's largest auction of U.S. municipal debt after
winning its highest-ever general obligation credit ratings.
The U.S. capital joined city governments in Phoenix, San
Antonio and New York that tapped the municipal bond market today
for a combined $1.34 billion. The three other sales will help
fund an expansion of Arizona State University, pay for a new
coal-fired power plant southeast of San Antonio and refinance
debt used for capital work on New York City's water system.
Read more at Bloomberg Bonds News
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