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

McDonald, Michael
July 2002
Bond Buyer;7/30/2002, Vol. 341 Issue 31438, p1
Trade Publication
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.


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