DENVER -- Colorado's tax and spending limiting Amendment 1 has thrown a wet blanket on an estimated $600 million in approved financings, but some new issues approved by voters are beginning to crawl out.

Last week saw the first rated new general obligation and certificate of participation lease issues brought to market in Colorado since Amendment 1 went into effect in the fall of 1992, bankers and bond attorneys said. More new issues are expected to come to market in the next few weeks.

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