DALLAS — The Utah Board of Regents is preparing to issue $518.7 million of taxable notes for its student loan program through RBC Capital Markets.

The notes, which are 97% reinsured by the federal government, are exempt from state income tax but not federal, according to bond counsel Ballard Spahr.

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.