Pennsylvania Senate OKs Bill Giving Localities Swap Abilities

D'Ambrosio, Gillian
September 2003
Bond Buyer;9/12/2003, Vol. 345 Issue 31718, p44
Trade Publication
Reports on the approval to a legislative bill by Pennsylvania Senate that seeks to allow local municipalities like towns and school districts to enter into interest rate swap agreements. Likely effect of the bill on the volume of municipal bond issues; Requirements under the legislation for issuers to avail the permission.


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