Cook carrots in boiling water until tender (but not mushy). Drain
Cut onion into rings. Cut pepper into rings, discarding seeds. Combine onion and peppers with cooked carrots in heat-proof bowl.
Combine all remaining ingredientsin saucepan; slowly bring to simmer over medium heat. Remove from heat tand pour over carrots, onions and peppers. covewr and refrigerate overnight. Serve cold. (will keep in refrigerator 2 to 3 weeks.