Nassau County, N.Y., authority calls $48.55 million of sales tax bonds

By Marisa Wong

Madison, Wis., Oct. 17 - Nassau County Interim Finance Authority of New York will redeem a portion of its series 2003B sales tax secured refunding bonds totaling $48.55 million, according to a notice.

The authority will redeem the following bonds on Nov. 15 at par plus accrued interest:

• $15.72 million of 5% bonds due Nov. 15, 2014;

• $3.49 million of 5% bonds due Nov. 15, 2015;

• $5,205,000 of 5% bonds due Nov. 15, 2016;

• $5,085,000 of 5% bonds due Nov. 15, 2017; and

• $19.05 million of 5% bonds due Nov. 15, 2018.

Bank of New York Mellon is the trustee agent.

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