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Published on 8/26/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

D.C. to redeem $50.61 million series 2001A George Washington bonds

By Devika Patel

Knoxville, Tenn., Aug. 26 - The District of Columbia said it will redeem $50.61 million of its $55.97 million series 2001A George Washington University bonds at par plus accrued interest to Sept. 26, the redemption date. The bonds were issued on June 8, 2001.

The affected bonds include:

• $925,000 of 5% bonds due Sept. 15, 2012;

• $970,000 of 5% bonds due Sept. 15, 2013;

• $1.02 million of 5% bonds due Sept. 15, 2014;

• $1.075 million of 5% bonds due Sept. 15, 2015;

• $1.125 million of 5% bonds due Sept. 15, 2016;

• $6.565 million of 5% bonds due Sept. 15, 2021;

• $3.12 million of 5% bonds due Sept. 15, 2023; and

• $35.81 million of 5.125% bonds due Sept. 15, 2031.

U.S. Bank NA is the trustee.


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