TITLE

N.Y.C. Competitively Prices $350 Million Synthetic Fixed-Rate Swap

AUTHOR(S)
McDonald, Michael
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/2/2003, Vol. 345 Issue 31669, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Informs that New York City priced a $350 million synthetic fixed-rate swap in a competitive bid with Investment Management Advisory Group Inc. serving as the city's swap adviser. Details of the swap contract; Average life of the $350 million of variable-rate bonds; Information of other pre-qualified bidders; Banks providing credit support for the variable-rate bonds.
ACCESSION #
10242364

 

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