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Refunding Bonds

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BUSINESS
By Andrew A. Green and Andrew A. Green,SUN STAFF | March 3, 2005
Taking advantage of its top bond ratings, Maryland sold more than $650 million in general obligation bonds yesterday at interest rates below 3.9 percent. The sale, approved at a Board of Public Works meeting yesterday, will finance construction of schools, community colleges, jails, hospitals and other facilities statewide. "I could not be more pleased," Treasurer Nancy K. Kopp said in a statement. "Necessary facilities will be built, and the long-term cost will be reduced significantly by low interest rates, thanks to Maryland's outstanding AAA bond rating."
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BUSINESS
By Andrew A. Green and Andrew A. Green,SUN STAFF | March 3, 2005
Taking advantage of its top bond ratings, Maryland sold more than $650 million in general obligation bonds yesterday at interest rates below 3.9 percent. The sale, approved at a Board of Public Works meeting yesterday, will finance construction of schools, community colleges, jails, hospitals and other facilities statewide. "I could not be more pleased," Treasurer Nancy K. Kopp said in a statement. "Necessary facilities will be built, and the long-term cost will be reduced significantly by low interest rates, thanks to Maryland's outstanding AAA bond rating."
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BUSINESS
By Bloomberg Business News | December 8, 1992
PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of 6 issues totaling more than $56.677 million.0 The issues being called are: * Maricopa County, Ariz., Series 1984, Phoenix Elementary School District No. 1 general obligation refunding bonds maturing Dec. 1, 1993, through Dec. 1, 1996. $5.265 million called at 101 1/2 on Jan. 1, 1993.* Pinal County, Ariz., Series 1986, Casa Grande Elementary School District No. 4 general obligation school improvement bonds maturing July 1, 1993, through July 1, 1996.
NEWS
By Phyllis Brill and Phyllis Brill,Staff Writer | June 6, 1993
Harford County plans to refinance up to $45 million in general obligation bonds this year. The bonds, which were issued at between 6 percent and 9 percent interest, could be refinanced at a rate of 5 percent to 6 percent, said county Treasurer Jim Jewell.In seeking County Council approval last week to move ahead with the plan, Mr. Jewell said the refunding bonds could save the county between $200,000 and $500,000.The bonds under review have a remaining life of 8 to 12 years.He said the bonds with the highest interest rates from the general fund and water and sewer fund would be chosen for retirement.
BUSINESS
By Bloomberg Business News | December 17, 1992
PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of seven issues totaling more than $135.8 million.The issues being called are: * Mobile Industrial Development Board, Ala., Series 1982, industrial development revenue bonds (Air Products and Chemicals Inc. Project) maturing Dec. 1, 2002. All outstanding bonds called at 102 on Jan. 4, 1993.* Page, Ariz., Series 1986, electric system revenue bonds maturing July 1, 1993 through July 1, 2006. $8.475 million called at 102 on Jan. 1, 1993.
NEWS
By Phyllis Brill and Phyllis Brill,Staff Writer | June 6, 1993
Harford County plans to refinance up to $45 million in general obligation bonds this year. The bonds, which were issued at between 6 percent and 9 percent interest, could be refinanced at a rate of 5 percent to 6 percent, said county Treasurer Jim Jewell.In seeking County Council approval last week to move ahead with the plan, Mr. Jewell said the refunding bonds could save the county between $200,000 and $500,000.The bonds under review have a remaining life of 8 to 12 years.He said the bonds with the highest interest rates from the general fund and water and sewer fund would be chosen for retirement.
BUSINESS
By Bloomberg Business News | May 13, 1993
PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of 15 issues totaling more than $300 million.1! The issues being called are: * Alaska Housing Finance Corp., general purpose bonds, Series maturing June 1, and Dec. 1, from Dec. 1, 1993, through June 1, 1997; and variable rate Series 1990B, maturing Dec. 1, 1997. $89.4 million called at par on June 1, 1993.* Sacramento County, Calif., single family mortgage revenue bonds, Series 1983, maturing Dec. 1, 1993, through Dec. 1, 1997, Dec. 1, 2005, and June 1, 2016; and Series 1984, maturing Dec. 1, 1993, through Dec. 1, 1998, Dec. 1, 2003, Dec. 1, 2009, and Dec. 1, 2017.
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