|
|
|
|
|
Current Bond Rates
| TODAY'S
RATES:
|
|
Today's Date:
|
|
|
|
|
|
|
|
EFFECTIVE OCTOBER 27, 2011 |
|
This is the last effective date for which rates have
been publicly posted. To request today's rates, see
above |
| Interest Rates: |
|
|
| Tax-exempt |
| floating: |
0.33% |
| fixed: |
2.37% |
|
|
| Taxable |
| floating: |
0.45% - 0.50% |
| fixed: |
2.52% |
| |
|
General notes:
- Rates are publicly posted when an issue of
Quick Takes is distributed. The publicly posted
rates are for the effective date indicated above, or
as otherwise indicated. To request today’s rates,
see above.
- The following applies to all rates,
whether publicly posted, or provided in response to
a request:
- These are interest rates on revenue bonds
that are variable rate demand bonds; i.e.,
floating. These can be synthetically fixed via
interest rate swaps, as noted below.
- Tax-exempt rates are for industrial
development revenue bonds ("IDB's") that are
subject to the AMT and are 7 day general market
quotes.
- Taxable rates are for taxable IDB's or for
taxable "corporate bonds".
- Fixed rates are for 10 year terms via swaps.
- All rates are market extracted and
approximations, and are not guaranteed.
- These rates do not reflect all-in costs;
e.g., annual letter of credit fees are not
included.
|
|
|
|
