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Business

Conn. completes major bond sales

ctcapitol.jpg
Jessica Hill
/
AP

Connecticut Treasurer Denise Nappier announced on Thursday that the first sale of $560.4 million is going to cost the state 3.01% in interest  and it will have 15 years to pay it back. Nappier says the second wave of $314.3 million has a shorter maturity and will cost the state .5%  in interest.