North Dakota Housing Finance Agency expects to price $56.57 million bonds

By Cristal Cody

Springdale, Ark., March 6 - North Dakota Housing Finance Agency plans to price $56.565 million housing finance bonds on March 12, the issuer said Thursday.

The series 2008 C home mortgage finance program bonds (Aa1/VMIG 1) are short-term bonds that mature June 1, 2009, said Mike Anderson, executive director of the agency.

Citi is the underwriter of the negotiated sale.

Proceeds will be invested in a guaranteed interest account.

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