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Published on 12/31/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Iowa Finance Authority calls $32.04 million of revolving fund bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 31 - Iowa Finance Authority plans to redeem $32,035,000 of its revolving fund revenue bonds, according to a notice.

The following bonds will be redeemed at par plus accrued interest to the redemption date on Feb. 1:

• $2,835,000 of 4% bonds due Aug. 1, 2014;

• $1,875,000 of 4.05% bonds due Aug. 1, 2015;

• $1 million of 5.25% bonds due Aug. 1, 2015;

• $2.93 million of 4.15% bonds due Aug. 1, 2016;

• $480,000 of 4.3% bonds due Aug. 1, 2017;

• $2.5 million of 5% bonds due Aug. 1, 2017;

• $595,000 of 4.4% bonds due Aug. 1, 2018;

• $2.4 million of 5% bonds due Aug. 1, 2018;

• $565,000 of 4.5% bonds due Aug. 1, 2019;

• $2.5 million of 5% bonds due Aug. 1, 2019;

• $335,000 of 4.6% bonds due Aug. 1, 2020;

• $2.8 million of 5% bonds due Aug. 1, 2020;

• $1,705,000 of 4.625% bonds due Aug. 1, 2021;

• $1.5 million of 5% bonds due Aug. 1, 2021;

• $3.27 million of 4.7% bonds due Aug. 1, 2022;

• $2.96 million of 4.75% bonds due Aug. 1, 2023; and

• $1,785,000 of 4.75% bonds due Aug. 1, 2024.

Wells Fargo Bank, NA is the trustee.


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