California’s Golden State Tobacco Securitization Corp., the entity that issues bonds secured by the state government’s settlement with cigarette companies, will again have to dip into reserves come December to make interest payments.

The corporation said in filings to the Municipal Securities Rulemaking Board’s EMMA website that it will withdraw around $9.5 million from its reserve accounts for two series of bonds issued in 2005 and 2007 to help make a more than $155 million interest payment due Dec. 1.

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