Colorado Housing's 2005B adjustable-rate bonds have mandatory tender

New York, July 2 - The Colorado Housing and Finance Authority said its series 2005B adjustable-rate bonds are subject to mandatory tender on Aug. 3.

The authority will pay par plus accrued interest for the debt.

The tender is required because of the expiration of a standby bond purchase agreement that had been provided by Dexia Credit Local, New York branch.

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