Kansas Turnpike Authority to Sell $112 Million Refunding

Williamson, Richard
June 2003
Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p44
Trade Publication
This article focuses on the plan of the Kansas Turnpike Authority to sell 111.5 million dollars of refunding revenue bonds on June 11, 2003, with an expectation to save about five million dollars in interest due to extremely low interest rates. The deal has attracted interest from eight potential bidders so far, with electronic offers to be submitted through the i-Deal Parity system. While Kansas tax-exempt issues are often hard to come by for citizens seeking to reduce their state income tax burden, most of the interest in the refunding deal is expected to come from institutional investors.


Related Articles

  • August Volume Up 33%. Peacock, Wayne // Bond Buyer;9/4/2001, Vol. 337 Issue 31216, p1 

    No abstract available.

  • With Eyes on Low Rates, Mesa, Ariz., Preps $100M Refunding. Williamson, Richard // Bond Buyer;2/29/2012, Vol. 379 Issue 33671, p8 

    The article reports that Mesa, Arizona will sell nearly 100 million dollars of refunding debt on March 1, 2012 as it take advantage of low interest rates in a recovering economy.

  • N.Y.C. Looks To Make Use Of New Power. McKaig, Ryan // Bond Buyer;3/20/2002, Vol. 339 Issue 31348, p1 

    Reports the possible use of advance refundings power to take advantage of favorable interest rates by the New York City government. Projection of savings from refundings; Efforts to close budget gaps; Views of Rita Sallis, deputy comptroller for public finance.

  • ANNUAL REVIEW: Transportation Takes Off With Low Rates and Airport Issues. GLAZIER, KYLE // Bond Buyer;2/11/2013, Vol. 383 Issue 33859, Following p13A 

    The article informs that according to the U.S. bond market analysts, increment in bond refunding has activated by low interest rates and high airport issuance that has contributed in a huge growth of transportation bond volume in the year 2012.

  • Jan. Volume Up From '00, Hits $10.75B. Maurice, Alex // Bond Buyer;02/01/2001, Vol. 335 Issue 31068, p1 

    Reports that an increase in refunding activity in the United States drove municipal bond sales up in January 2001. Impact of low interest rates in refundings; Market assessment by industry analysts including Don Currie and John Hallacy.

  • Low rates, flat yield, spark move to forward delivery on bonds and swaps. McEntee, Christopher // Bond Buyer;06/22/98, Vol. 324 Issue 30419, p1 

    Discusses the dispute among issuers and financial advisers on time-delayed financing techniques they can use to lock in savings on bonds that are no longer eligible for advance refundings. Forward-starting interest rate swaps entered into by issuers; Key West Utility Board's forward-delivery...

  • Battery Park City Refunding to Give $232M to N.Y.C. McDonald, Michael // Bond Buyer;10/23/2003, Vol. 346 Issue 31746, p4 

    Reports on the refunding allocation provided by the Battery Park City Authority to New York City. Permission of the authority to acquire property from New York City; Increase of funding for ongoing projects; Release of fix-rate senior-revenue bonds.

  • King County, Washington to Offer $60M of GOs. Kelemen, Jasmina // Bond Buyer;8/30/2004, Vol. 349 Issue 31958, p4 

    Reports that King County, Washington intends to competitively sell limited tax general obligation refunding bonds. Focus of the refunding; Interest cost; Rise in the national employment numbers; Interest rates; Plans of King County to issue bond anticipation notes by mid-to-late September 2004.

  • Rates Prompt Two New England Issuers to Refund. O'Brien, Elizabeth // Bond Buyer;9/7/2004, Vol. 349 Issue 31963, p4 

    In another refunding deal prompted by last month's market rally, the Maine Municipal Bond Bank plans to sell $54.5 million of Series C refunding bonds tomorrow. A weaker-than-expected jobs report released in early August kicked off a flurry of refunding activity. Nationwide, refunding volume...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics