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SPWF

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AcronymDefinition
SPWFSingle Protestant White Female
SpWFSpace Wave Field
SPWFSpecial Public Works Funds


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The underlying 'AA-' ratings reflect strong overcollateralization levels provided by borrower repayments from the water/wastewater (water) and SPWF financing programs, as well as a sizable debt service reserve fund, and sound borrower credit quality.
Total SPWF bonds outstanding, including the series 1996A, amount to $47.
In 1985, the Oregon State Legislature created the SPWF with proceeds from the state lottery; the fund is administered by the state's Economic Development Department.
 
 
 
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