Michigan Municipal Bond calls portions of 2008A school loan bonds

By Marisa Wong

Madison, Wis., Aug. 16 - The Michigan Municipal Bond Authority said it will redeem portions of its outstanding federally taxable school loan revolving fund revenue and refunding bonds, series 2008A-1, 2008A-2, 2008A-3 and 2008A-4.

The bonds will be redeemed on Sept. 1 at par plus accrued interest up to the redemption date.

Affected are the following bonds:

• $1.3 million of $154 million of 2008A-1 bonds due Sept. 1, 2048;

• $1.3 million of $133 million of 2008A-2 bonds due Sept. 1, 2048;

• $1.2 million of $120.16 million of 2008A-3 bonds due Sept. 1, 2048; and

• $1.2 million of $133 million of 2008A-4 bonds due Sept. 1, 2048.

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