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, informs investors that it is considering bids on a "limited number of taxable senior auction-rate bonds through online trading portals."

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.