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

California Veterans Affairs calls $3.07 million home purchase bonds

By Ashley Montgomery

Kansas City, Kan., March 6 - California Department of Veterans Affairs will redeem $3,065,000 of its home purchase revenue bonds guaranteed by Ambac Insurance Corp., according to a notice.

The bonds will be redeemed April 1 at 101 plus accrued interest to the redemption date.

The following bonds are affected:

• $1.5 million of 4.25% bonds due Dec. 1, 2019; and

• $1,565,000 of 4.35% bonds due Dec. 1, 2020.

Bank of New York Mellon is the trustee.


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