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Missouri Saves Millions Through Bond Refinancing

A bond refinancing deal saves the State of Missouri nearly 5 million dollars.
JOPLIN, MO.--- A bond refinancing deal saves the State of Missouri nearly $5 million. The State Board of Public Buildings approved the bonds, the third series to be offered this year. The step means a savings of $900,000 this year, with the total growing to $4.8 million by the time the bonds are retired. State officials say Missouri's AAA credit rating made the refinancing possible.

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