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Michigan Municipal Bond Authority calls $141.1 million bonds in full
By Ashley Montgomery
Kansas City, Kan., May 21 - Michigan Municipal Bond Authority will redeem all of its $141,095,000 series 2005B School District of the City of Detroit revenue bonds, according to a notice.
The bonds will be redeemed June 1 at 103.
The following bonds are affected:
• $14,775,000 of 5% bonds due June 1, 2013;
• $15,515,000 of 5% bonds due June 1, 2014;
• $16.29 million of 5% bonds due June 1, 2015;
• $17,105,000 of 5% bonds due June 1, 2016;
• $17.96 million of 5% bonds due June 1, 2017;
• $18.86 million of 5% bonds due June 1, 2018;
• $19.8 million of 5% bonds due June 1, 2019; and
• $20.79 million of 5% bonds due June 1, 2020.
Bank of New York Mellon Trust Co., NA is the agent.
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