BOSTON -- The Massachusetts Water Resources Authority plans tomorrow to sell $150 million of revenue bonds in the agency's firstever competitively bid issue.

Authority officials said Friday they consider the transaction a test of whether competitive bidding can work on the agency's financings.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.