BRADENTON, Fla. — Florida officials amended the state's debt management policy to require that underwriters certify that they are not engaging in prohibited transactions with Iran or Sudan.

The new debt policy, which has applied to investments of state pension funds since 2007, was approved by members of the State Board of Administration during their regular meeting Aug. 20. The SBA oversees the Division of Bond Finance.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.