Los Angeles school district buys cap to keep lid on interest rates

Reynolds, Katherine M.
February 1998
Bond Buyer;02/23/98, Vol. 323 Issue 30336, p31
Trade Publication
Reports on Los Angeles Unified School District's decision to buy interest-rate cap to eliminate risks caused by sudden interest rate increase. Effort to minimize very extreme movements in interest rates; Significance of the move to Los Angeles Unified School District.


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