California Municipal Bonds

T. Rowe Price & Associates tracks the yields of 20 California municipal bonds and the Bond Buyer Index of 40 national issues.

Five Widely Held California Bonds:

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Yield Yield Issue Coupon Maturity Oct. 24 Friday Calif. genl-oblig.10-yr (generic) (generic) 4.65% 4.60% Calif. genl-oblig. 20-yr (generic) (generic) 5.36 5.30 Los Angeles MTA (insured) 5.50% 7/1/17 5.47 5.42 Calif. public works lease rev. 6.00 10/1/14 5.20 5.17 San Fran. airport (insured) 5.65 5/1/24 5.50 5.40

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Source: T. Rowe Price & Associates in Baltimore, which manages a $150-million California bond fund

Note: All yields are as of 2 p.m. Friday. Yields are based on institutional trading, retail prices and a survey of California brokers. Yields offered to individual investors will vary.