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Port Authority of N.Y., N.J., calls $103.75 million of its bonds
By Devika Patel
Knoxville, Tenn., March 25 - The Port Authority of New York and New Jersey said it will call $70 million of its variable-rate series 3 versatile structure obligations due June 1, 2020 and $33.75 million of its one hundred eighteenth series consolidated bonds.
The consolidated bonds have coupons ranging from 5% to 5.35% and scheduled maturities that range from Sept. 15, 2010 to Sept. 15, 2014. They will be called on May 15.
The versatile structure obligations will be called on June 1.
The Depository Trust Co. is the sole holder of these securities.
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