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Published on 6/17/2008 in the Prospect News Municipals Daily.

National Academy of Sciences to price $65 million bonds Wednesday

By Cristal Cody

Springdale, Ark., June 17 - The National Academy of Sciences intends to price $65 million of variable-rate demand revenue bonds through the District of Columbia on Wednesday, Washington D.C. treasurer Lasana Mack told Prospect News.

The series 2008A bonds (Aaa/VMIG1) will price initially with a weekly interest rate.

Banc of America Securities LLC will manage the negotiated sale.


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