CHICAGO - The Missouri Higher Education Loan Authority is considering the purchase - at a discounted rate - of about $30 million of senior lien auction-rate securities that are part of its outstanding $3.5 billion ARS portfolio.

The authority, in a notice dated May 7 that was filed with municipal repositories and posted on the authority's Web site at under the Investor Information heading of the About Us section at www.mohela.com, informs investors that it is considering bids on a "limited number of taxable senior auction-rate bonds through online trading portals."

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