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Published on 7/31/2009 in the Prospect News Municipals Daily.

California calls $221.23 million of series 1999 G.O.s at 101% of par

By Angela McDaniels

Tacoma ,Wash., July 31 - California will redeem $221.225 million of its series 1999 general obligation bonds on Aug. 1, according to a notice of redemption.

The bonds to be redeemed are the:

• $12.475 million 5% bonds due Aug. 1, 2013;

• $5.63 million 5% bonds due Aug. 1, 2014;

• $6.845 million 5% bonds due Aug. 1, 2014;

• $5.63 million 5% bonds due Aug. 1, 2015;

• $2.38 million 5% bonds due Aug. 1, 2015;

• $4.465 million 5% bonds due Aug. 1, 2015;

• $5.63 million 5% bonds due Aug. 1, 2016;

• $2.38 million 5% bonds due Aug. 1, 2016;

• $4.465 million 5% bonds due Aug. 1, 2016;

• $12.475 million 5% bonds due Aug. 1, 2017;

• $12.475 million 5% bonds due Aug. 1, 2018;

• $12.475 million 5% bonds due Aug. 1, 2019;

• $61.95 million 5% bonds due Aug. 1, 2024; and

• $61.95 million 5% bonds due Aug. 1, 2029.

Holders will receive 101% of par plus accrued interest to the redemption date.


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