By Sheri Kasprzak
New York, Aug. 2 - The Connecticut Housing Finance Authority priced $74.35 million of series 2011D variable-rate taxable housing mortgage finance program bonds, according to an official statement.
The bonds (Aaa/VMIG 1/AAA/A-1+) were sold through senior manager Barclays Capital Inc.
The bonds are due May 15, 2033 and initially bear interest at the weekly rate but may be converted to the daily, weekly, monthly, quarterly, semi-quarterly, flexible, term or auction-rate mode.
Proceeds will be used to finance mortgage loans.
| Issuer: | Connecticut Housing Finance Authority
|
| Issue: | Series 2011D variable-rate taxable housing mortgage finance program bonds
|
| Amount: | $74.35 million
|
| Maturity: | May 15, 2033
|
| Coupon: | Weekly
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | Barclays Capital Inc.
|
| Ratings: | Moody's: Aaa/VMIG 1
|
| Standard & Poor's: AAA/A-1+
|
| Pricing date: | Aug. 1
|
| Settlement date: | Aug. 4
|
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