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Port Authority Auction Bonds Reset at 8% After Surge (Update2)

Story date: 2008-02-20 02:33:00
Added on: 2008-02-20 03:46:45


Bloomberg - Feb. 20 (Bloomberg) -- Interest rates on $100 million of bonds issued by the Port Authority of New York and New Jersey were ... Inc., are struggling to raise capital and remain intact after taking more than $8 billion in writedowns related to mortgage ...


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