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Our next board meeting will be held August 14, 2020 at 10:00am via Zoom.  For more information, click here

 

Our July Bond Sale was held on July 14, 2020. The NHMBB issued $90,280,000 in tax-exempt municipal bonds. There were 18 towns, villages districts, and school districts who participated in this bond issue. These loans will help finance school and library additions, renovations and improvements, water tank and system upgrades, fire stations, a highway garage, road improvements, and engineering services. The true interest rate on these loans are .57% on a 5-year loan .86% on a 10-year loan, 1.37% on a 15-year loan, 1.67% on a 20-year loan, and 1.97% on a 25-year loan. If you are interested in reviewing the details of this issue, you can find the Final Official Statement for 2020 Series B here.

On the same day, the NHMBB also issued $8,245,000 in taxable municipal bonds to 5 communities to fund broadband infrastructure projects. The true interest rate on these 20-year loans is 2.04%. If you are interested in reviewing the details of this bond issue, you can find the Final Official Statement for 2020 Series C here.

Our January bond sale will be held January 6, 2021. The application deadline is November 6, 2020. If you have a project that needs financing, please give us a call and we can update an application for you. 

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 and enjoying your summer!

Tammy J. St. Gelais

Executive Director

August 3, 2020



 

 

 

 

 

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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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