BlackRock Announces Designation of Successor Rate for Outstanding Auction Rate Preferred Shares

BlackRock Announces Designation of Successor Rate for Outstanding Auction Rate Preferred Shares

[Business Wire] – BlackRock Advisors, LLC and the Boards of Directors/Trustees of the BlackRock Closed-End Funds today announced, effective January 1, 2013, the designation of the S&P Municipal Bond 7 Day High Grade Index as a “successor rate” to the more

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