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Published on 12/2/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Indiana Bond Bank to redeem $10 million of school severance bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 2 - The Indiana Bond Bank said it would redeem $10 million of its series 1 taxable school severance funding bonds at par, plus accrued interest to Jan. 15, 2012.

Affected are $5.845 million of 6.2% bonds due Jan. 15, 2015 and $4.155 million of 6.3% bonds due Jan. 15, 2018.


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