TITLE

Banks waive coupon-redemption fees following pressure from Rhode Island

AUTHOR(S)
Kaplan, David
PUB. DATE
January 1998
SOURCE
Bond Buyer;01/14/98, Vol. 323 Issue 30310, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the agreement of Fleet National Bank and BancBoston Securities to waive coupon-redemption fees imposed on bondholders on Rhode Island after the state threatened to take its business elsewhere. Response to complaints from bondholders about fees charged for each coupon redeemed at Fleet or BancBoston; Arguments made by the banks in charging coupon-redemption fees.
ACCESSION #
116658

 

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