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New Jersey Postpones $2.6 Billion Note Sale as Storm Approaches

New Jersey has indefinetely postponed an Oct. 30 sale of $2.6 billion of short-term debt, its largest ever, as Hurricane Sandy threatens to make landfall in the area that day, said a spokesman for the state’s treasurer.

There are no current plans for when to reschedule the offer, said Andrew Pratt, a spokesman for Treasurer Andrew Sidamon-Eristoff.

To contact the reporter on this story: Terrence Dopp in Trenton at tdopp@bloomberg.net

To contact the editor responsible for this story: Mark Tannenbaum at mtannen@bloomberg.net

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