California Completes $5.4 Billion Cash Note Sale a Day Early
Individual investors ordered 66 percent of the notes, or $3.55 billion, Dresslar said today in an e-mailed statement. A tranche maturing May 24, 2012, was priced at 0.38 percent, while the bulk of the bonds, maturing June 26, were offered at 0.40 percent, he said.
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