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Title

  • State Successfully Sells $3.7 Billion of General Obligation Bonds to Fund Employee Pensions

Description

  • The Governors Office of Management and Budget of the State of Illinois today is pleased to announce the successful sale of $3.7 Billion in taxable General Obligation Bonds at an average rate of 5.56% to be deposited into the Pension Contribution Fund. Funds from these bonds will reimburse or fund the States required deposit to its pension systems for fiscal year 2011.


Originally Deposited as: 16145

Published By:
Phone Number:

Language(s): EN-English

Volume or Year: 2011
Number or Issue: February 23

Date Created: 02 23 2011
Date Last Modified: 02 23 2011

Librarian Remarks:

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1. State Successfully Sells $3.7 Billion of General Obligation Bonds to Fund Employee Pensions (022411OMBpensionbondfinal.doc).
Document Size:212480 Software: Microsoft Word Version: 97-2003

This is part of a series. It is part of Press releases from the Governor's agencies: 34673