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Illinois calls all first series 2001 Build Illinois sales tax bonds
By Marisa Wong
Madison, Wis., May 13 - The State of Illinois said it will redeem in full its outstanding Build Illinois sales tax revenue bonds, first series of June 2001, on June 15.
The bonds will be redeemed at par plus accrued interest to the redemption date.
To be redeemed are the following bonds:
• $6 million of 5.5% bonds due June 15, 2012;
• $6.5 million of 5.5% bonds due June 15, 2013;
• $6.5 million of 5.5% bonds due June 15, 2014;
• $7 million of 5.5% bonds due June 15, 2015;
• $7.5 million of 5.5% bonds due June 15, 2016;
• $8 million of 5.5% bonds due June 15, 2017;
• $8.5 million of 5.5% bonds due June 15, 2018;
• $9 million of 5.125% bonds due June 15, 2019;
• $9.5 million of 5.125% bonds due June 15, 2020; and
• $10 million of 5.125% bonds due June 15, 2021.
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