Examples of Series 2008A Bonds in a sentence
The Parish is exposed to basis risk when its Series 2008A Bonds trade at a yield which exceeds 70% of one-month USD-LIBOR-BBA.
When the Series 2008A Bonds trade higher than 70% of one-month USD-LIBOR-BBA, the Parish will experience an increase in debt service above the fixed rate on the swap agreements.
The remaining balance of the Series 2008A Bonds, specifically$1,200,000 will not be hedged by the Swap Agreements.
The Swap Agreements entered into to hedge exposure to variable interest rates on the Series 2006B Bonds, remained in place and were amended to relate to the Series 2008A Bonds.
Bonds payable for the fiscal year ended June 30, 2013, is as follows: Bonds Payable at June 30, 2013, consisted of the following: The 2000A Series Bonds were issued June 29, 2000, the Series 2008A Bonds were issued October 3, 2008, and the Series 2010A Bonds were issued November 12, 2010.