TITLE

Miami-Dade Inks School Swaps With RBC, Merrill

AUTHOR(S)
Sigo, Shelly
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/24/2006, Vol. 356 Issue 32366, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the closure of interest rate swaps of Miami-Dade County School District in the bond market in the U.S. The district introduced competitive bids amounting to 197.3 million dollars to lock up in fixed rates on certificates of participation sold in auction and multimodal-rate modes. The swaps give the school district the chance to issue more variable-rate debt in the future.
ACCESSION #
20607955

 

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