California calls $2.12 billion of various purpose, taxable G.O. bonds

By Marisa Wong

Madison, Wis., June 28 - The State of California gave notice that it will redeem $2,015,780,000 of its 2003 various purpose general obligation bonds and $107.7 million of its 2007 taxable G.O. bonds on Aug. 1.

The redemption of the various purpose G.O. bonds is an optional redemption, and the redemption of the taxable G.O.s is a mandatory sinking fund redemption.

Both series will be redeemed at par plus accrued interest to the redemption date.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.