What Are Optional Redemptions?
/An optional redemption feature allows a school or community college district to repay general obligation bonds prior to the bonds’ maturity date. Prior to a bond sale, a district and its financing team determine the optional redemption date and price. Optional redemptions provide districts with the flexibility to refinance their bonds to save their taxpayers money.
A look at optional redemptions for general obligation bonds.To learn more visit https://www.keygentcorp.com.