Texas Public Finance redeems $84.69 million of unemployment bonds

By Tali David

Minneapolis, Jan. 9 - Texas Public Finance Authority redeemed $84,685,000 of its $300 million unemployment compensation obligation assessment revenue bonds, series 2010C, according to a release.

The 2.6% bonds, which are due July 1, 2020, were redeemed at par plus accrued interest on Jan. 1.

The Austin, Texas-based authority provides financing for the construction or acquisition of state office buildings.

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