TITLE

Illinois RTA Opts for Floating Swap In Effort to Mix Up Debt Portfolio

AUTHOR(S)
Shields, Yvette
PUB. DATE
August 2002
SOURCE
Bond Buyer;8/2/2002, Vol. 341 Issue 31441, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the approval of the synthetic fixed-to-floating rate swap in general obligation bonds by the Regional Transportation Authority in Chicago, Illinois. Diversification of the debt portfolio; Capitalization of the low interest costs; Adoption of policy for financial instruments risk management.
ACCESSION #
7215121

 

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