Auction Rate

 
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BlackRock Advisors, LLC today announced that BlackRock California Municipal 2018 Term Trust (NYSE: BJZ) , BlackRock Municipal 2020 Term Trust (NYSE:BKK) , BlackRock New York Municipal 2018 Term Trust (NYSE:BLH) , BlackRock Municipal 2018 Term Trust (NYSE:BPK) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $18.55 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
2013/9/16
BlackRock Advisors, LLC today announced that BlackRock Municipal 2020 Term Trust (NYSE:BKK) and BlackRock Municipal 2018 Term Trust (NYSE:BPK) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $11.075 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
2013/10/8
BlackRock Advisors, LLC today announced that BlackRock California Municipal 2018 Term Trust (NYSE: BJZ), BlackRock New York Municipal 2018 Term Trust (NYSE:BLH) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $16.1 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
BlackRock Advisors, LLC today announced that BlackRock Municipal 2020 Term Trust (NYSE:BKK), BlackRock Municipal 2018 Term Trust (NYSE:BPK) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) (the “Term Trusts”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $14.65 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Term Trusts Announce Partial Redemption of Auction Rate Preferred Shares investment picks
BlackRock Advisors, LLC today announced that BlackRock California Municipal 2018 Term Trust (NYSE: BJZ), BlackRock Municipal 2020 Term Trust (NYSE:BKK), BlackRock Municipal 2018 Term Trust (NYSE:BPK) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $22.95 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
2013/12/27
BlackRock Advisors, LLC today announced that BlackRock California Municipal 2018 Term Trust (NYSE:BJZ), BlackRock Municipal 2020 Term Trust (NYSE:BKK) and BlackRock Municipal 2018 Term Trust (NYSE:BPK) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $25.05 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
2014/2/7
BlackRock Advisors, LLC today announced that BlackRock California Municipal 2018 Term Trust (NYSE:BJZ) and BlackRock Municipal 2020 Term Trust (NYSE:BKK) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $28.5 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with any accrued and unpaid dividends thereon to the redemption date.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
2014/4/2
BlackRock Advisors, LLC today announced that BlackRock California Municipal 2018 Term Trust (NYSE:BJZ) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO) (the “Funds”) each provided a notice of the redemption of a portion of its issued and outstanding auction rate preferred shares (“ARPS”). The redemptions announced today, which total $3.25 million in ARPS, will be conducted at a liquidation preference of $25,000 per share, together with accrued and unpaid dividends thereon to the redemption date, if applicable.
Sign-up for Certain BlackRock Closed-End Funds Announce Partial Redemption of Auction Rate Preferred Shares investment picks
2013/12/5
Each of Dreyfus Municipal Income, Inc. (NYX:DMF), Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) and Dreyfus Strategic Municipals, Inc. (NYSE:LEO) today called for the partial redemption, at par value on a pro-rata basis by series in the amounts and on the dates indicated below, of the Funds’ auction rate preferred securities (ARPS).* The Board of each Fund previously has authorized the redemption of up to 50%, in the aggregate, of its original outstanding ARPS.
Sign-up for Certain Dreyfus Closed-End Municipal Bond Funds Announce Another Round of Partial Redemptions of Auction Rate Preferred Securities investment picks
Please replace the release with the following corrected version due to multiple revisions.
Sign-up for CORRECTING and REPLACING Certain Dreyfus Closed-End Municipal Bond Funds Announce Another Round of Partial Redemptions of Auction Rate Preferred Securities investment picks
BlackRock currently has five closed-end funds with auction rate preferred shares (“ARPS”) outstanding, BlackRock Municipal 2018 Term Trust (NYSE: BPK), BlackRock California Municipal 2018 Term Trust (NYSE: BJZ), BlackRock New York Municipal 2018 Term Trust (NYSE: BLH), BlackRock Municipal 2020 Term Trust (NYSE: BKK) and BlackRock Florida Municipal 2020 Term Trust (NYSE: BFO) (the “Term Trusts”). The Term Trusts are closed-end funds that have (i) a defined maturity date that sets forth when the Term Trust will liquidate and distribute net assets to investors and (ii) investment objectives to seek to (a) provide current income exempt from regular Federal income tax (and state income tax, as applicable) and (b) return the Term Trust’s initial public offering price per common share to common shareholders on or about the Term Trust’s stated maturity date.
Sign-up for BlackRock Closed-End Term Trusts Review of Liquidity for Outstanding Auction Rate Preferred Shares investment picks
2014/3/21
Western Asset Premier Bond Fund (NYSE:WEA) today announced that the Board of Trustees of the fund has authorized and recommended amendments to the fund’s bylaws that, if approved by holders of the fund’s ARPS, would facilitate an issuer tender offer for the fund’s outstanding ARPS.
Sign-up for Western Asset Premier Bond Fund Recommends Shareholders of Auction Rate Preferred Shares (“ARPS”) Approve Amendments to Bylaws to Facilitate Issuer Tender Offer for ARPS investment picks

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Auction Rate
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