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Municipal Bond Credit Report: Why investors must wait 10 months for Arizona lottery bonds - Website Lift Off

Website Lift Off

Municipal Bond Credit Report: Why investors must wait 10 months for Arizona lottery bonds

Geoff Weitzel
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Municipal Bond Credit Report: DALLAS – Arizona this week plans to lock in rates on $250.7 million of lottery revenue refunding bonds that will not be delivered for 10 months.The forward-delivery contract is an alternative to the tax-exempt advance refundings Congress eliminated in its 2017 tax legislation…. Link to Story

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