TITLE

MBTA to Sell $262M of Sales Tax Bonds, Unwind Swap

AUTHOR(S)
Cataldo, Adam L.
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/12/2006, Vol. 356 Issue 32400, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Massachusetts Bay Transportation Authority (MBTA) is expectant that it will be able to sell senior sales tax bonds worth $261.7 million on June 12, 2006. The MBTA is also set to receive over $5 million as it exits a swap agreement with Bear Stearns and Co. in 2006. The issues' implications for transportation and local finance are also cited.
ACCESSION #
21258812

 

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