[villages07]

Originally Posted by 784caroline

Its what I thought...If you go to the VCDD sites mentioned previously you will see District 6 and below are less than 5% interest rate


District 7 will be refiinanced next year, and I assume districts 8,9 will follow.

784... Maybe, maybe not..depends on the interest rate situation. I held some 6.5 and 5.8 CDD 5/6 bonds that were called but other 5.4 CDD 6 bonds were not called. Just not a big enough spread between original and 4% reissue rates to justify the expense to take the action.

I have some cdd7 that are 5.3 so will be interesting to see if they get called/refinanced next year.