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Published on 3/6/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Department of Veterans Affairs calls $220.44 million bonds

By Ashley Montgomery

Kansas City, Kan., March 6 - California Department of Veterans Affairs will redeem in full its $220,435,000 of home purchase revenue bonds, series 1999A, 1999B, 2003A-3 and 2006A, on April 1, according to a notice.

The 1999A and 1999B bonds will be redeemed at par plus accrued interest to the redemption date. The 2003A-3 and 2006A bonds will be redeemed at 101 plus accrued interest to the redemption date.

The following bonds are affected:

• $6,505,000 of 5.2% series 1999A bonds due Dec. 1, 2027;

• $9,685,000 of 5.2% series 1999B bonds due Dec. 1, 2028;

• $38,975,000 of 4.5% series 2003A-3 bonds due Dec. 1, 2023;

• $42.32 million of 4.6% series 2003A-3 bonds due Dec. 1, 2028;

• $6,335,000 of 4.15% series 2006A bonds due Dec. 1, 2018;

• $6.64 million of 4.25% series 2006A bonds due Dec. 1, 2019;

• $7,065,000 of 4.35% series 2006A bonds due Dec. 1, 2020;

• $6,095,000 of 4.4% series 2006A bonds due Dec. 1, 2021;

• $30.22 million of 4.5% series 2006A bonds due Dec. 1, 2023; and

• $66,595,000 of 4.6% series 2006A bonds due Dec. 1, 2028.

The treasurer of the state of California is the trustee.


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