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Oregon

Oregon Issues Bonds Following Favorable Credit Review

OPB | June 27, 2012 4:45 a.m. | Updated: July 17, 2012 1:01 a.m.

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Today Oregon goes to market with $19 million dollars worth of general obligation bonds.

The State Treasurer's office learned late last week that Fitch Ratings re-affirmed the state's AA+ credit rating. That means the state can still enjoy relatively favorable rates on bonds it sells.

Earlier this month, the state refinanced its existing bond debt, for a savings of more than $60 million dollars over the life of the bond service.

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