784....
Yep I saw those...looks like the same ones I bought except the price is now 102 so the yield to maturity is 6.33 vis 6.5. However, when I look at fmsbonds.com, these villages CDD bonds are not listed in their current offerings.
I'm not sure what you mean by sinking fund. Our CDDs make bond payments to bond holders/brokers every May 1/nov 1 using collections from property tax payments and proceeds from homeowners doing early bond payoff.
As an aside, bonds on recent new home purchases were issued at 5 3/8% to reflect a better interest rate environment than the CDD5 bonds issued in 2003 at 6.5%.
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Maryland (DC Suburbs) - first 51 years 
The Villages - next 51 years 
Last edited by villages07; 05-22-2009 at 06:34 PM.
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