TITLE

Miami-Dade Tries Unique Swap With Eye on $30 Million Savings

AUTHOR(S)
McDonald, Michael
PUB. DATE
July 2002
SOURCE
Bond Buyer;7/30/2002, Vol. 341 Issue 31438, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the alternative variable-rate transaction between Miami-Dade County and Rice Financial Products Co. in Florida. Emphasis on interest rate exposure on fixed-rate bonds; Derivation of tax-exempt bonds from taxable fixed-income market; Advantage of swapping a tax-exempt floating rate.
ACCESSION #
7134484

 

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