TITLE

Pennsylvania Turnpike Readies $240M Forward Swap

AUTHOR(S)
D'Ambrosio, Jill
PUB. DATE
August 2004
SOURCE
Bond Buyer;8/4/2004, Vol. 349 Issue 31940, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the move by the Pennsylvania Turnpike Commission on August 4, 2004 to price a synthetic fixed-rate swap on $240 million in revenue bonds expected to be issued in 2006. Intention of locking in interest rates before they rise further; Comments of Nikolaus Grieshaber, director of treasury management for the Turnpike Commission.
ACCESSION #
14030464

 

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