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Published on 8/16/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City to redeem $159.64 million of 2001D G.O. bonds at 101

By Marisa Wong

Madison, Wis., Aug. 16 - The City of New York said it will redeem $159.635 million of its outstanding general obligation bonds, fiscal 2001 series D, on Sept. 15.

The bonds will be redeemed at 101 plus accrued interest up to the redemption date.

Affected are the following bonds:

• $15.385 million of 4.625% bonds due Aug. 1, 2011;

• $17.97 million of 5.05% bonds due Aug. 1, 2012;

• $18.855 million of 5.125% bonds due Aug. 1, 2013;

• $18.1 million of 5.2% bonds due Aug. 1, 2014;

• $18.645 million of 5.25% bonds due Aug. 1, 2015;

• $20.715 million of 5% bonds due Aug. 1, 2016;

• $13.975 million of 5% bonds due Aug. 1, 2017

• $17.01 million of 5.125% bonds due Aug. 1, 2018; and

• $18.98 million of 5.125% bonds due Aug. 1, 2019.


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