BRADENTON, Fla. — Jefferson County, Ala. officials said in a new disclosure late Wednesday that they do not intend to post collateral or provide insurance to avoid termination of 13 swaps.

The material event notice said the swap counterparties — Bank of America NA, Bear Stearns Capital Markets Inc., JPMorgan Chase Bank, and Lehman Brothers Special Financing Inc. — had been notified of the county’s intentions. The swaps cover a notional amount of $5.4 billion.

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