California calls $600 million economic recovery bonds, series 2008B

By Marisa Wong

Milwaukee, Feb. 5 - The State of California gave notice that it will redeem $600 million of its economic recovery bonds, series 2008B, on March 1.

The bonds will be redeemed at par with interest accrued up to the redemption date.

Affected are $100 million of the state's 2008B-1 bonds due July 1, 2023 and $500 million of its 2008B-2 bonds due July 1, 2023.

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