I am concerned about a story that appeared in the Dec. 12 issue of The Bond Buyer that may have caused some misunderstanding among your readers about Sanwa Bank's ongoing support of its letters of credit for small U.S. municipalities.

In the story, an independent financial adviser to the City of Enid, Okla., who does not represent Sanwa Bank, was quoted as saying that Sanwa officials "said they were going to redline municipalities of under 100,000 population."

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