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Published on 2/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York Local Government Assistance calls $15.94 million bonds

By Melissa Kory

Cleveland, Feb. 28 - The New York Local Government Assistance Corp. announced that it will redeem $2.745 million of its $139.97 million of series 1993E 6% bonds due April 1, 2014, $11.195 million of its $23.06 million of series 1992C 6% bonds due April 1, 2012 and $2 million of its $68.1 million of series 1995E variable-rate bonds due April 1, 2025.

The notes will be redeemed on April 1 at par, plus accrued interest to the redemption date.

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

The corporation is based in Albany, N.Y.


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