Structured Obligations Corporation Select Notes Trust LT 2003-2 has reported the results of its interest distribution for the period ending October 15, 2026. The trustee, U.S. Bank Trust Company, National Association, issued a notice detailing the financial activity for the Trust during the interest period.
During this period, the Trust received a total interest amount of $96,750.00. This figure represents the interest income to be included in the Form 1099 for Certificateholders for the year ending December 31, 2026. The total amount distributed to all Certificateholders during the Interest Period was $168,083.00.
The Trust reported advances made to the Trustee on the Interest Distribution Date totaling $71,333.00. The net amount owed by the Trust to the Advancing Party on the Interest Distribution Date was $453,127.00. Additionally, the Trust paid interest expense of $12,500.00 to the Advancing Party during the Interest Period, with a per-certificate amount of $0.359712 to be included in Form 1099s.
At the close of business on the Interest Distribution Date, there were 34,750 Certificates outstanding. The filing lists payments made on underlying securities during the period, noting that the only payment received was $96,750.00 from Duke Energy Corp Senior Note due October 15, 2032. All other listed underlying securities, including Carnival Corp, May Dept Stores Co, and Citigroup Inc, reported payments of $0.00.
