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California Transit Finance Authority calls part of 1997 demand bonds
By Marisa Wong
Madison, Wis., Sept. 2 - California Transit Finance Authority said it will redeem $2.89 million of its $200 million series 1997 variable-rate demand bonds due Oct. 7, 2027.
The bonds will be redeemed on Oct. 5 at par plus accrued interest to the redemption date.
Wells Fargo Bank, NA is the redemption agent.
The Sacramento, Calif.-based authority provides financing and revenue options to California's department of transportation.
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