New Jersey may sell its first issue of commercial paper as part of a billion dollar note sale scheduled to take place in late fall.

Officials in the administration of Gov. Christine Todd Whitman say the state will sell the notes through a competitive bid, but that a negotiated sale could be considered for the commercial paper component.

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.