Illinois calls $100 million unemployment insurance fund bonds

By Tali David

Minneapolis, May 29 - The State of Illinois Department of Employment Security called $100 million of its 1.5% series 2012C unemployment insurance fund building receipts revenue bonds due June 15, 2021, according to two notices.

The state issued a notice of mandatory redemption for $42.74 million of the bonds and a notice of optional redemption for $67.26 million of the bonds, making up the entire series.

The bonds will be redeemed at par plus accrued interest on June 15.

U.S. Bank NA is the trustee or agent.

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