Our January bond sale was held on January 6, 2022. The NHMBB issued $54,610,000 in tax-exempt municipal bonds. There were 11 towns, county, schools and cities who participated in this bond issue. These loans will help finance a new elementary school, broadband infrastructure, HVAC system, a new County administrative building, a new fire station, land purchase, water treatment plant repair and other capital improvement projects. The true interest rate on these loans were 1.26% on a 5-year loan, 1.41% on a 10-year loan, 2.09% on a 20-year loan, 2.34% on a 25-year loan and 2.36% on a 30-year loan. If you are interested in reviewing the details of this bond issue, you can find the Final Official Statement for the 2022 Series A bond issue by clicking here.

If you have a bond warrant article that you plan to include this year, we would strongly suggest that you contact your bond counsel to be sure you are following all the necessary requirements and deadlines. The NH Municipal Bond Bank’s next bond issue will be held on July 13, 2022. If you would like to be included in this pooled bond issue, please call the Bond Bank to request an application. The application deadline is April 29, 2022.

Planning a project for 2022? We can provide you with estimated payment schedules to assist you with planning your next project. Please call us at (603) 271-2595 or email jmcneil@nhmbb.com. If you have any questions, need additional information, or would like to schedule a meeting, you can contact me by phone or email at tstgelais@nhmbb.com.

I hope you are all safe and well and I will you all the best in 2022! 

Tammy J. St. Gelais

Executive Director