Indiana Secondary Market calls auction-rate revenue bonds in full

By Tali Rackner

Norfolk, Va., Nov. 25 – The Indiana Secondary Market for Education Loans, Inc. called various series of its auction-rate revenue bonds, according to multiple notices.

The following will be redeemed at par plus accrued interest on Dec. 4:

• $12 million of series 2003-3 bonds due Dec. 1, 2038;

• $10 million of series 2004-1 bonds due Sept. 1, 2044;

• $7.7 million of series 2004-2 bonds due Sept. 1, 2044;

• $2,025,000 of series 2004-3 bonds due Sept. 1, 2044;

• $13,625,000 of series 2005-3 bonds due Dec. 1, 2045;

• $57,625,000 of series 2003-5 bonds due Dec. 1, 2045;

• $2 million of series 2006-1 bonds due May 1, 2046;

• $17.8 million of series 2006-4 bonds due May 1, 2046;

• $2.3 million of series 2007-1 bonds due Dec. 1, 2047;

• $4,475,000 of series 2007-2 bonds due Dec. 1, 2047; and

• $34.65 million of series 2007-5 bonds due Dec. 1, 2047.

Zions First National Bank is the agent.

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