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September 2008
Bond Buyer;9/29/2008, Vol. 365 Issue 32971, p28
Trade Publication
The article offers news briefs related to business in the U.S. The Treasury Department announced that the tax-exempt money market mutual funds will be included under its temporary $50 billion insurance program money market. Variable-rate demand obligation's (VRDO's) market was calmer on September 29, 2008. Data suggests that municipal issuers holding swap contracts and guaranteed-investment contracts with American International Group Inc. are safe and not likely to loose their investments.


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