TITLE

Swaps Make Mortgages

AUTHOR(S)
McDonald, Michael
PUB. DATE
June 2002
SOURCE
Bond Buyer;6/6/2002, Vol. 340 Issue 31402, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the interests rates swaps of California Housing Finance Agency with Merrill Lynch & Co. in taxable and tax-exempt single-family amortized mortgage revenue bonds. Amount of the synthetic fixed-rates in bonds; Statement of Ken Carlson director of financing at the California HFA; Utilization of the derivatives in the municipal market.
ACCESSION #
6846997

 

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