Our January 19, 2021 Board Meeting will be held remotely via Zoom at 9:00am. For log in instructions and the agenda, click here.

Our January Bond Sale was held on January 6, 2021. NHMBB issued $34,160,000 in tax-exempt municipal bonds. There were 8 towns, cities, and villages districts who participated in this bond issue. These loans will help finance dispatch center equipment, renovations and road improvements, bridge replacements and infrastructure repairs, refinancing of bank loans, truck purchase, police communications network, school elevator replacement, fire station construction, and a water improvement project. The true interest rate on these loans are .74% on a 5-year loan .81% on a 10-year loan, 1.32% on a 15-year loan, 1.58% on a 20-year loan, and 1.76% on a 25-year loan. If you are interested in reviewing the details of this issue, you can find the Final Official Statement for 2021 Series A here.

With all the recent developments around the 2021 annual meetings, if you have a bond warrant article that you plan to include, 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, 2021. If you would like to be included in this pooled bond issue, please call the Bond Bank to request an application.  The application dead is April 30, 2021.

Planning a project for 2021? 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.  Wishing you the best in 2021!

Tammy J. St. Gelais

Executive Director

January 13, 2021