District 153 sold $8.2 million in general obligation bonds, and District 233 refunded $14.65 million in debt saving nearly $1 million through a lower interest rates.
Both districts were anxious to get into the market before the Federal Reserve issued minutes from its last meeting or made its anticipated move on interest rates that some believe could have a negative reaction in the markets.
“We’re still on the lower side of interest rates,” said Robert Lewis of PMA Securities, Inc. in his presentation to the District 233 school board Feb. 15. In January 2003, interest rates were . . .
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