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Published on 4/22/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Minnesota aims to redeem $81.15 million in general obligation bonds

By Devika Patel

Knoxville, Tenn., April 22 - The State of Minnesota said it will redeem all $81.15 million of its general obligation state various purpose bonds, which mature on June 1 in years 2011 through 2020, inclusive, and have coupons of either 5.5% or 5.625%.

The bonds will be redeemed at par plus interest on June 1.

The Bank of New York Mellon (800 254-2826) is the trustee.


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