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Article: Oklahoma Eyes November for Fixed-Rate Higher Ed Sale.
- Article from:
- The Bond Buyer
- Article date:
- September 29, 2005
- Author:
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DALLAS -- Officials from the Oklahoma Capitol Improvement Authority say they hope to sell in November the fixed-rate portion of a $475 million higher education bond authorization approved earlier this year by the state Legislature, with the variable-rate portion going to market soon after.
Jim Joseph, the state's bond adviser, said the bonds would be sold in two series and would carry fixed rates for bonds maturing in the first 25 years and variable rates for those bonds maturing in years 26 through 30 of the issue.
"We hope to close the fixed-rate bonds by the end of the year, hopefully as early as November," Joseph said. "The variable-rate bonds will ...