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Citigroup places sales of $4.91 billion in bonds on hold
By Cristal Cody
Tupelo, Miss., Oct. 7 - Citigroup Global Markets placed $4.909 billion in negotiated bond sales on to-be-determined status, according to an updated sale calendar.
Planned bond sales across the country have been placed on hold because of market concerns.
Expected sales include $750 million in revenue bonds from Long Island Power Authority in New York, $620 million in general obligation bonds from Hawaii and $270 million in general obligation bonds from Ohio.
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