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or unless such date of authentication is prior to the first Interest Payment Date, in which event <br />they shall bear interest from 15, 20, provided, however, that if, at the time of <br />authentication of any Series 2018 Bond, interest is then in default on such Series of Series 2018 <br />Bond, such Series of Series 2018 Bond shall bear interest from the Interest Payment Date to <br />which interest previously has been paid or made available for payment. Interest on the Series <br />2018 Bonds shall be computed on the basis of a 360 -day year of twelve 30 -day months. <br />The Series 2018A Bonds shall be dated their date of initial delivery and shall bear interest <br />at the rates specified in the table below, such interest being payable on each Interest Payment <br />Date, and shall mature on the Principal Payment Dates in the following years in the following <br />principal amounts, namely: <br />Maturity Date Principal Interest <br />(September 1) Amount <br />Rate <br />2019 <br />2020 <br />2022 <br />2023 <br />2024 <br />• Insured Series 2018A Bonds. <br />The Series 2018B Bonds shall be dated their date of initial delivery and shall bear interest <br />at the rates specified in the table below, such interest being payable on each Interest Payment <br />Date, and shall mature on the Principal Payment Dates in the following years in the following <br />principal amounts, namely: <br />Maturity Date Principal Interest <br />(September 1) Amount <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br />' Insured Series 2018B Bonds. <br />Rate <br />Principal and redemption premiums, if any, on the Series 2018 Bonds shall be payable in <br />immediately available funds. Principal and redemption premiums, if any, and interest on the <br />Series 2018 Bonds shall be paid in lawful money of the United States of America. <br />4150-2542-5420.3 17 <br />40990-25 <br />SA -3-35 <br />