California defeases, plans redemptions for general obligation bonds

By Ashley Montgomery

Kansas City, Kan., Oct. 4 - The state of California has defeased portions of its general obligation bonds and will redeem other G.O. bonds, according to two notices.

The following bonds will be redeemed on Nov. 5 at par plus accrued interest:

• $110,000 of 5% bonds due Feb. 1, 2013;

• $910,000 of 5% bonds due Feb. 1, 2014;

• $1.01 million of 5% bonds due Feb. 1, 2015;

• $1 million of 5% bonds due Feb. 1, 2016;

• $125,000 of 5% bonds due Feb. 1, 2017;

• $130,000 of 5% bonds due Feb. 1, 2018;

• $80,000 of 5% bonds due Feb. 1, 2019;

• $75,000 of 5% bonds due Feb. 1, 2020;

• $945,000 of 5% bonds due Feb. 1, 2021;

• $8,055,000 of 5% bonds due Feb. 1, 2023;

• $570,000 of 4.5% bonds due Oct. 1, 2015;

• $570,000 of 4.375% bonds due Oct. 1, 2016;

• $570,000 of 4.375% bonds due Oct. 1, 2017;

• $570,000 of 4.5% bonds due Oct. 1, 2018;

• $570,000 of 4.5% bonds due Oct. 1, 2019;

• $2.85 million of 4.25% bonds due Oct. 1, 2026;

• $28.86 million of 4.5% bonds due Oct. 1, 2028;

• $855,000 of 4.5% bonds due Feb. 1, 2013;

• $855,000 of 4.5% bonds due Feb. 1, 2014;

• $855,000 of 4.75% bonds due Feb. 1, 2020;

• $4,545,000 of 4.75% bonds due Feb. 1, 2022;

• $3.69 million of 4.75% bonds due Feb. 1, 2024;

• $39.32 million of 4.75% bonds due Feb. 1, 2029;

• $970,000 of 4.5% bonds due April 1, 2013;

• $970,000 of 4.625% bonds due April 1, 2014;

• $970,000 of 4.75% bonds due April 1, 2020;

• $1.94 million of 4.75% bonds due April 1, 2022;

• $31.04 million of 4.75% bonds due April 1, 2029;

• $375,000 of 5% bonds due Aug. 1, 2013;

• $375,000 of 5% bonds due Aug. 1, 2014;

• $375,000 of 5% bonds due Aug. 1, 2015;

• $375,000 of 5% bonds due Aug. 1, 2016;

• $375,000 of 5% bonds due Aug. 1, 2017;

• $375,000 of 5% bonds due Aug. 1, 2018;

• $375,000 of 5% bonds due Aug. 1, 2019;

• $12,515,000 of 5.5% bonds due March 1, 2013;

• $12.53 million of 5.5% bonds due March 1, 2014;

• $11.48 million of 5.5% bonds due March 1, 2015;

• $1.63 million of 5.5% bonds due March 1, 2016;

• $2,055,000 of 5% bonds due June 1, 2013;

• $1,065,000 of 5% bonds due June 1, 2014;

• $1,065,000 of 5% bonds due June 1, 2015;

• $1,065,000 of 5% bonds due June 1, 2016;

• $1,065,000 of 5% bonds due June 1, 2017;

• $1,065,000 of 5% bonds due June 1, 2018;

• $1,065,000 of 5% bonds due June 1, 2019;

• $1,065,000 of 5% bonds due June 1, 2020;

• $1,065,000 of 5% bonds due June 1, 2021;

• $445,000 of 5.125% bonds due June 1, 2022;

• $445,000 of 5.125% bonds due June 1, 2023;

• $890,000 of 5.125% bonds due June 1, 2027;

• $1.77 million of 5.125% bonds due June 1, 2031;

• $20,105,000 of 5% bonds due Oct. 1, 2022;

• $35.1 million of 4.75% bonds due Oct. 1, 2025;

• $115.81 million of 5% bonds due Oct. 1, 2028; and

• $87,155,000 of 5% bonds due Oct. 1, 2032.

The following bonds were defeased and will be redeemed on March 1, 2013:

• $60.3 million of 4.75% bonds due Sept. 1, 2023.

The following bonds were defeased and will be redeemed on Feb. 1, 2013:

• $34.34 million of 4.625% bonds due Feb. 1, 2022; and

• $36.1 million of 5% bonds due Feb. 1, 2023.

The following bonds were defeased and will be redeemed on Nov. 1, 2013;

• $12.38 million of 4.3% bonds due Nov. 1, 2014;

• $26.35 million of 5.25% bonds due Nov. 1, 2014;

• $23.75 million of 5.25% bonds due Nov. 1, 2015;

• $25,165,000 of 5.25% bonds due Nov. 1, 2016;

• $3,945,000 of 4.6% bonds due Nov. 1, 2017;

• $8.83 million of 5.25% bonds due Nov. 1, 2017;

• $4.98 million of 5% bonds due Nov. 1, 2018;

• $28.25 million of 5.25% bonds due Nov. 1, 2018;

• $845,000 of 4.8% bonds due Nov. 1, 2019;

• $12,795,000 of 5% bonds due Nov. 1, 2019;

• $36.09 million of 5.25% bonds due Nov. 1, 2019;

• $725,000 of 4.9% bonds due Nov. 1, 2020;

• $9,275,000 of 5% bonds due Nov. 1, 2020;

• $42.28 million of 5.25% bonds due Nov. 1, 2020;

• $26.05 million of 5% bonds due Nov. 1, 2021; and

• $28.91 million of 5.25% bonds due Nov. 1, 2021.

Treasurer of the State of California is the agent.

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