California Municipal Bonds

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

Bond Buyer 40-bond index, Friday: 5/18%

California index, Friday: 5.07%

Five Widely Held California Bonds

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Yield Yield Issue Coupon Maturity Oct. 30 Friday Ca. general-obligation 10-yr. (generic) (generic) 4.10% 4.23% Ca. general-obligation 20-yr. (generic) (generic) 4.90 5.01 San Joaquin toll road 5.38% 1/15/29 4.95 5.05 Ca. public works lease rev. 5.50 10/1/14 4.70 4.80 San Fran. airport (insured) 5.65 5/1/24 4.94 5.03

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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.