TITLE

DASNYto Go Competitive With PITs

AUTHOR(S)
Whalen, Robert
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/17/2006, Vol. 355 Issue 32341, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Report
ABSTRACT
The article reports on the use of competitive bidding to sell debt backed by New York's personal income tax (PIT) receipts by the Dormitory Authority of the State of New York (DASNY). According to managing director Cheryl Ishmael, DASNY will open the new era when it competitively sells 160.7 million dollars of taxable debt. Other companies that may sell PIT bonds include the Empire State Development Corp., and the New York State Environmental Facilities Corp.
ACCESSION #
20232872

 

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