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Published on 1/2/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Indiana Bond Bank calls three series of state revolving fund bonds

By Ashley Montgomery

Kansas City, Kan., Jan. 2 - Indiana Bond Bank plans to redeem all of its series 2001A and 2002B and a portion of its series 2001A-R5 state revolving fund program bonds, according to a notice.

The bonds will be redeemed on Feb. 1, 2013.

The bank is redeeming $284,585,000 of 2001A bonds, $57.84 million of 2002B bonds and $17,715,000 of 2001A-R5 bonds.

The 2001A bonds will be redeemed at 101 plus applicable premium, the 2002B bonds will be redeemed at par plus applicable premium and the 2001A-R5 bonds will be redeemed at 101 plus accrued interest to the redemption date.

The Bank of New York Mellon Trust Co., NA is the trustee.

Based in Indianapolis, the bond bank acquires funding and makes loans to local government entities throughout the state.


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