DALLAS - Louisiana Gov. Bobby Jindal met Monday with a number of state and local officials and bankers to try and stimulate sales of more than $1.3 billion of Gulf Opportunity Zone bonds allocated to New Orleans and the coastal parishes devastated by hurricanes Katrina and Rita in 2005.

The bonds must be sold before Jan. 1, 2011, when the federally authorized program ends. The state has imposed its own deadline of Jan. 1, 2010, when unsold GO Zone bonds allocated to coastal parishes are to become available for developers in other parishes.

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.