The article reports that Oklahoma City Council has agreed to keep the property tax rate at the current level of 16 mills rather than increasing the rate to 18 mills as several councilors had suggested. The decision means that the $760 million of general obligation bonds going to voters in ...
“Comparable Government Bond Rate” means the price, expressed as a percentage (rounded to three decimal places, with 0.0005 being rounded upwards), at which the gross redemption yield on the notes, if they were to be purchased at such price on the third business day prior to the date...