The new debt offering is one of the key components in the county's recovery plan.
The debt offering is expected to amount to about $100 million, with a 10-year maturity.
For some investors the debt offering is subject to the Federal alternative minimum tax.
Over the last 12 months the Treasury had made 26 debt offerings, he said; in the prior year the number was 39.
And at least some major investors, who were just learning about the debt offerings yesterday, seemed to agree.
The backup plan includes a smaller debt offering and deep cuts in state spending.
It was not the first time that politics had affected a Chinese debt offering.
The following equity and convertible debt offerings are expected this week.
The county is paying a full percentage point more in interest than on comparable debt offerings.
The market for debt offerings was much more of a mixed bag.