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Published on 11/7/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan Municipal Bond calls $15.63 million series 2001 bonds

By Tali David

Minneapolis, Nov. 7 - Michigan Municipal Bond Authority announced the redemption of $15.625 million of its drinking water state revolving fund revenue bonds, series 2001.

The following bonds will be redeemed on Dec. 5 at par plus applicable premium:

• $1.13 million of its 5% bonds due Oct. 1, 2012;

• $1.155 million of its 5% bonds due Oct. 1, 2013;

• $1.185 million of its 5% bonds due Oct. 1, 2014;

• $1.215 million of its 5% bonds due Oct. 1, 2015;

• $1.245 million of its 5.25% bonds due Oct. 1, 2016;

• $1.28 million of its 5.25% bonds due Oct. 1, 2017;

• $1.315 million of its 5.25% bonds due Oct. 1, 2018;

• $1.35 million of its 5.25% bonds due Oct. 1, 2019;

• $1.385 million of its 5% bonds due Oct. 1, 2020;

• $1.42 million of its 5% bonds due Oct. 1, 2021;

• $1.455 million of its 5% bonds due Oct. 1, 2022; and

• $1.49 million of its 5% bonds due Oct. 1, 2023.

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


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