Illinois local governments offer steady stream of pension bonds – The Bond Buyer

he wave of local Illinois governments turning to pension obligation bonds shows no signs of abating and could accelerate amid concern that the window is closing on record low interest rates. Wheaton sold $46 million last month. Berwyn is eyeing an issue and Moline plans to follow its neighbor East Moline into the market.
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The Paraclete
4 years ago

This would make anyone with common sense run. We need to mortgage your future for our gross incompetence. Will pension reform ever come about? Doubtful!

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