TITLE

N.J.'s Garden State Preservation Trust To Sell $500M for Open Space, Farmland

AUTHOR(S)
D'Ambrosio, Jill
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/30/2004, Vol. 348 Issue 31874, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the forward delivery state contract bonds approved by the Garden State Preservation Trust's board in New Jersey. Importance of the bonds to fund open-space and farmland preservation around the state; Ability of the trust to lock in a fixed rate on the appropriation-backed bonds; Use of the structure in protecting against the risk of rising interest rates.
ACCESSION #
12986454

 

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