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Regional News
Hawaii Pays Low Price in GO Sale
by: Keeley Webster
Thursday, November 29, 2012
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Hawaii sold $866.9 million of general obligation bonds in mid-November achieving an all-in interest cost of 2.6%, Finance Director Kalbert Young said.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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