NEW YORK - The Treasury Department said it will auction $21 billion 9-year, 11-month notes on Wednesday, June 13.
The notes settle June 15 and are due May 15, 2022.
Assured's controlling vote is "important to investors who were reassured to hear that there would be a large sophisticated party with a significant economic interest in the success of the project," the insurer said.
The $380 million request for the zoo to voters in three Portland-area counties is the largest bond measure on the May 21 statewide primary ballot.
The "historical runway" heading into Memorial Day is favorable, rolling into the summer redemption months of June through August, said James Pruskowski, chief investment officer at 16Rock Asset Management.
The Build America Bureau has $100 million in grants available over the next five years for public entities doing pre-development work to structure public private partnerships for transportation and transit-oriented development projects.
The loan, which features a 2.5% interest rate, will finance nearly half of a community building in downtown Mount Vernon, Washington.