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Published on 12/10/2009 in the Prospect News Municipals Daily.

Indiana Bond Bank to sell $67.16 million school construction bonds

By Sheri Kasprzak

New York, Dec. 10 - The Indiana Bond Bank is set to sell $67.16 million in series 2009 tax credit qualified school construction bonds, according to a preliminary official statement.

The bonds (/AA+/) will be sold through senior managers City Securities Corp. and J.P. Morgan Securities Inc.

The bonds are due 2019 and 2025.

Proceeds will be used to construct qualified schools throughout the state.


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