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Vermont Municipal Bond Bank defeases $28.72 million of 2004 bonds
By Tali David
Minneapolis, Aug. 14 - The Vermont Municipal Bond Bank defeased $28.72 million of its 2004 series 1 bonds, according to a notice.
The following 5% bonds will be redeemed at par on Dec. 1, 2014:
• $3,265,000 of bonds due Dec. 1, 2015;
• $2.6 million of bonds due Dec. 1, 2016;
• $2.63 million of bonds due Dec. 1, 2017;
• $2.55 million of bonds due Dec. 1, 2018;
• $3.66 million of bonds due Dec. 1, 2019;
• $2,675,000 of bonds due Dec. 1, 2020;
• $2,605,000 of bonds due Dec. 1, 2021;
• $2.55 million of bonds due Dec. 1, 2022;
• $2.55 million of bonds due Dec. 1, 2023;
• $2.44 million of bonds due Dec. 1, 2024; and
• $1,195,000 of bonds due Dec. 1, 2034.
U.S. Bank NA is the escrow agent.
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