Minnesota calls $89.78 million general obligation trunk highway bonds

By Devika Patel

Knoxville, Tenn., July 2 - The State of Minnesota said it will redeem all $89,775,000 of its general obligation various purpose and trunk highway bonds, which mature on Aug. 1 in each of the years between 2013 through 2021, inclusive, at par on Aug. 1.

The bonds include

• $9,975,000 of 5% bonds due Aug. 1, 2013;

• $9,975,000 of 5% bonds due Aug. 1, 2014;

• $9,975,000 of 5% bonds due Aug. 1, 2015;

• $9,975,000 of 5% bonds due Aug. 1, 2016;

• $9,975,000 of 5% bonds due Aug. 1, 2017;

• $9,975,000 of 5% bonds due Aug. 1, 2018;

• $9,975,000 of 5% bonds due Aug. 1, 2019;

• $9,975,000 of 5% bonds due Aug. 1, 2020; and

• $9,975,000 of 5% bonds due Aug. 1, 2021.

The Bank of New York Mellon Trust Co., NA (800 254-2826) is the trustee.

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