October 25, 2017 / 7:08 PM / in 2 months

Repricing boosts yields for $4.5 bln Illinois bonds

CHICAGO, Oct 25 (Reuters) - Underwriters repriced $4.5 billion of Illinois general obligation bonds on Wednesday, increasing yields on the debt by 3 to 15 basis points, according to a pricing scale seen by Reuters.

The top yield rose to 3.77 percent for bonds due in 2028 with a 5 percent coupon from 3.74 percent in a preliminary pricing earlier on Wednesday.

Reporting by Karen Pierog; Editing by Matthew Lewis

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