Oregon to sell $245 mln of GOs on Jan 15 - market source

Fri Jan 11, 2013 11:44am EST

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Jan 11 (Reuters) - Oregon is planning to sell $245 million of tax-exempt and taxable general obligation bonds for the Oregon University System, said a market source on Friday.

The sale consists of $99.6 million of tax-exempt bonds and $145.2 million of taxable bonds.

The bonds will have a one-day retail order period on Monday, with institutional pricing on Tuesday, through lead manager Bank of America Merrill Lynch.

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