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Published on 3/22/2010 in the Prospect News Municipals Daily.

District of Columbia to sell $126.75 million Sifma rate income tax secured refunding bonds Thursday

By Sheri Kasprzak

New York, March 22 - The District of Columbia plans to bring its previously announced $126.75 million in series 2010C adjusted Sifma rate income tax secured revenue refunding bonds to market on Thursday, according to a sales calendar.

The bonds (Aa2/AAA/AA) will be sold through Morgan Stanley & Co. Inc.

The bonds are due 2010 to 2011.

The city is expected to use the proceeds to refund its series 2008B bonds.


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