DALLAS - The Texas Bond Review Board yesterday approved a $61 million competitive general obligation sale, the first of a large slate that will nearly double the state's prison debt by next year.

Also, the $672.1 million of financings to be sold by August 1993 through the Texas Public Finance Authority will push the double-A rated state's outstanding GO debt over $3 billion for the first time.

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.