State officials pleased with $1.6 billion bond sale, after weeks of worry over credit downgrade

State Roundup: Officials pleased with outcome of $1.6B bond sale; tariffs on China should not impact July 4th fireworks; BPW OKs funds for Hampstead PFAS removal project

STATE OFFICIALS PLEASED WITH OUTCOME OF SALE OF $1.6 BILLION IN BONDS: Maryland “did very well” in the sale Wednesday of about $1.6 billion in bonds, state officials said, despite a recent credit downgrade that rattled their confidence and raised fears of higher premiums. The Maryland Board of Public works on Wednesday voted to approve the sale of about $1.6 billion worth of bonds at a true interest cost of 3.55% and premiums of more than $125 m…

State officials pleased with $1.6 billion bond sale, after weeks of worry over credit downgrade

Gov. Wes Moore heads to the state's sale of $1.6 billion in bonds Wednesday. Officials said the state "did very well" on the sale, after weeks of concern about a slight credit downgrade. (Photo by Sam Gauntt/Maryland Matters)Maryland “did very well” in the sale Wednesday of about $1.6 billion in bonds, state officials said, despite a recent credit downgrade that rattled their confidence and raised fears of higher premiums. The Maryland Board of …

State Officials Pleased with $1.6 Billion Bond Sale, After Weeks of Worry Over Credit Downgrade

Maryland “did very well” in the sale Wednesday of about $1.6 billion in bonds, state officials said, despite a recent credit downgrade that rattled their confidence and raised fears of higher costs. The Maryland Board of Public works on Wednesday voted to approve the sale of about $1.6 billion worth of bonds at a true interest cost of 3.55% and premiums of more than $125 million, according to a statement from the Maryland Treasurer’s Office. It’…