Fla. Citizens To Sell $3B In Bonds

Sigo, Shelly
May 2006
Bond Buyer;5/22/2006, Vol. 356 Issue 32386, p1
Trade Publication
The article reports on the expectation of Citizens Property Insurance Corp. to issue three billion taxable auction-rate bonds in Florida. It is a state-run agency that offers property and windstorm insurance and has been structuring auction-rate bonds to finance high-risk account claims for the upcoming hurricane season. Aside from high-risk policies, it also offers residential and commercial-residential insurance.


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