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Published on 12/16/2010 in the Prospect News Municipals Daily.

New Issue: Indiana Housing prices $82.93 million mortgage bonds due 2039

By Sheri Kasprzak

New York, Dec. 16 - The Indiana Housing and Community Development Authority sold $82.93 million of series 2010-08A2 single family mortgage revenue bonds on Wednesday, according to an official statement.

The bonds (Aaa//AAA) were sold through RBC Capital Markets LLC.

The floating-rate bonds are due July 1, 2039.

Proceeds will be used to refund the authority's series 2008 bonds.

Based in Indianapolis, the authority provides mortgage loans to low- to moderate-income Indiana residents.

Issuer:Indiana Housing and Community Development Authority
Issue:Series 2010-08A2 single family mortgage revenue bonds
Amount:$82.93 million
Maturity:July 1, 2039
Coupon:Floating rate
Price:Par
Type:Negotiated
Underwriter:RBC Capital Markets LLC
Ratings:Moody's: Aaa
Fitch: AAA
Pricing date:Dec. 15
Settlement date:Dec. 15

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