Rhode Island Erases $697 Million Debt; Successful DEPCO to Close Shop

Higginbotham, Stacey
August 2000
Bond Buyer;08/16/2000, Vol. 333 Issue 30955, p3
Trade Publication
Reports that Rhode Island's Depositors Economic Protection Corp. (DEPCO) has paid off its debt, 20 years early. Strong economic conditions in Rhode Island; Financial crisis experienced by Rhode Island in 1990; Creation of DEPCO to mitigate any concerns from ratings agencies.


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