CHICAGO–(ENEWSPF)–February 24, 2011. The Governor’s Office of Management and Budget of the State of Illinois today is pleased to announce the successful sale of $3.7 Billion in taxable General Obligation Bonds at an average rate of 5.56% to be deposited into the Pension Contribution Fund. Funds from these bonds will reimburse or fund the State’s required deposit to its pension systems for fiscal year 2011. The bonds will have an 8 year final maturity with…
