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American University of District of Columbia to bid on $50 million series 2006A auction-rate bonds
By Sheri Kasprzak
New York, April 24 - The American University in the District of Columbia plans to bid on $50 million in series 2006A multimodal revenue bonds, a notice said Thursday.
The university will bid with a 2.45% interest rate on $15.05 million of the bonds on Monday, the notice said. The university plans to put hold orders on the remaining $34.95 million in bonds.
The bonds are due Oct. 1, 2036.
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