TITLE

Florida Tries Out Variable-Rate Debt on Everglades Deal

AUTHOR(S)
Sigo, Shelly
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/1/2006, Vol. 355 Issue 32310, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the sale of Florida's first-ever variable rate bond deal in a 100 million dollar offering that has brought a new credit to the bond market. The state has more than 22.5 billion dollars of outstanding fixed-rate debt. Two series of the Everglades Restoration Revenue Bonds were sold.
ACCESSION #
19752291

 

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