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The NH Municipal Bond Bank issued $9,710,000 in municipal bonds on June 4, 2019.  There were 7 towns and school districts who participated in this issue. These loans will help finance school additions and renovations, a parks and rec facility, utility improvements, vehicle purchases, road reconstruction, and a conservation land purchase. 

The true interest costs on these loans are:

5 year - 1.49%   10 year - 1.62%    15 year - 2.13%  20 year - 2.60%   25 year - 2.70% 

If you are interested in reviewing the details of the 2019 Series B bond issue, you can find the Final Official Statement by clicking here.

Our January bond sale will be held on January 8, 2020. The application deadline for this sale is November 8, 2019. If you have a project that needs financing, please give us a call and we will update an application for you.

Planning a project for 2020? We can also provide estimated payment schedules to assist you with planning your next project.  Please call us at (603)271-2595 or email at 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.

Enjoy your summer!

Tammy J. St. Gelais         

Executive Director

June 13, 2019

 

 

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The mission of the New Hampshire Municipal Bond Bank is to provide professional services to assist qualified New Hampshire entities to obtain financing for eligible purposes.
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