TITLE

Washington Prices $452M

AUTHOR(S)
Saskal, Rich
PUB. DATE
January 2011
SOURCE
Investment Dealers' Digest;1/21/2011, Vol. 77 Issue 3, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of Washington to price over 452 million dollars of general obligations bonds in competitive deals that pulled bids. The deal, won by Bank of America Merrill Lynch, comprised 90.4 million of taxable bonds and 362 million dollars of tax-exempts. The bonds of Washington were sold amid a budget-balancing debate in Olympia, the state capital. A budget proposal was made by Governor Chris Gregoire that depends on cuts to bring the budget into balance.
ACCESSION #
57669463

 

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