Florida Board of Education redeems $340.48 million of education bonds

By Marisa Wong

Milwaukee, Oct. 28 - The State Board of Education of Florida gave notice that on Oct. 26 it redeemed its $340.475 million outstanding State of Florida, Full Faith and Credit, State Board of Education public education capital outlay and refunding bonds, 1996 series B, 1997 series B and 1999 series B.

Affected were the following 1996B bonds, redeemed at par plus accrued interest up to the redemption date:

• $5.32 million of 5% bonds due 2010,

• $5.58 million of 5% bonds due 2011,

• $5.86 million of 5% bonds due 2012,

• $6.16 million of 4.8% bonds due 2013,

• $6.47 million of 4.85% bonds due 2014,

• $6.805 million of 4.9% bonds due 2015,

• $7.155 million of 4.875% bonds due 2016,

• $7.525 million of 4.875% bonds due 2017,

• $7.92 million of 4.875% bonds due 2018,

• $26.34 million of 4.75% bonds due 2021 and

• $19.945 million of 4.5% bonds due 2023.

Affected were the following 1997B bonds, redeemed at par plus accrued interest up to the redemption date:

• $6.21 million of 5.25% bonds due 2010,

• $6.49 million of 5.25% bonds due 2011,

• $6.795 million of 5.25% bonds due 2012,

• $7.11 million of 5.25% bonds due 2013,

• $7.45 million of 5.25% bonds due 2014,

• $7.81 million of 4.5% bonds due 2015,

• $8.185 million of 4.5% bonds due 2016,

• $17.595 million of 5% bonds due 2018 and

• $52.19 million of 4.75% bonds due 2023.

Affected were the following 1999B bonds, redeemed at 101 plus accrued interest up to the redemption date:

• $5.355 million of 5% bonds due 2010,

• $5.63 million of 5.25% bonds due 2011,

• $5.935 million of 5.25% bonds due 2012,

• $6.25 million of 5.125% bonds due 2013,

• $6.58 million of 5% bonds due 2014,

• $6.915 million of 4.5% bonds due 2015,

• $7.23 million of 4.5% bonds due 2016,

• $7.575 million of 4.625% bonds due 2017,

• $7.94 million of 4.5% bonds due 2018,

• $8.315 million of 4.5% bonds due 2019,

• $8.71 million of 4.5% bonds due 2020 and

• $39.125 million of 4.5% bonds due 2024.

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