Indiana Bond Bank defeases 2004B & C state revolving fund bonds

By Tali Rackner

Norfolk, Va., May 1 - The Indiana Bond Bank defeased its series 2004B and 2004C state revolving fund program bonds, according to two notices.

The following 2004B bonds will be redeemed at par plus accrued interest on Aug. 1:

• $12.61 million of 5% bonds due Feb. 1, 2015;

• $430,000 of 5% bonds due Feb. 1, 2016;

• $200,000 of 5% bonds due Feb. 1, 2020;

• $865,000 of 5% bonds due Feb. 1, 2021;

• $880,000 of 5% bonds due Feb. 1, 2022;

• $895,000 of 5% bonds due Feb. 1, 2023;

• $690,000 of 4.75% bonds due Feb. 1, 2024; and

• $365,000 of 4.75% bonds due Feb. 1, 2025.

The following 2004C bonds will be redeemed at par plus accrued interest on Aug. 1:

• $1.4 million of 5% bonds due Feb. 1, 2021;

• $1.26 million of 5% bonds due Feb. 1, 2022;

• $1.1 million of 5% bonds due Feb. 1, 2023;

• $925,000 of 5.125% bonds due Feb. 1, 2024;

• $730,000 of 5.125% bonds due Feb. 1, 2025;

• $515,000 of 5.25% bonds due Feb. 1, 2026; and

• $270,000 of 5.25% bonds due Feb. 1, 2027.

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

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