Today’s sale had wider spreads than those the state earned on a competitive offering two weeks ago, when its 0.93 percentage point spread for 10-year debt was the lowest since 2009. Today’s gap is still narrower than Illinois’s last negotiated sale in February, when it issued about $1 billion at an interest rate 1.11 percentage points above 10-year benchmark debt.

via Illinois Issues $750 Million of Bonds in Third Sale of 2014 – Bloomberg.