Official Statements

The NH Municipal Bond Bank’s July tax-exempt bond sale was held on July 15, 2025. NHMBB sold these bonds negotiated with Raymond James as the manager and Fidelity Capital Markets, Janney Montgomery Scott and TD Securities as co-managers. $231,630,000 in bonds were sold to a pool of 24 communities to finance 115 projects that include school renovations, a parking garage, a solar field, a DPW Garage, a fire truck, several ambulances, roadway improvements, sludge removal, a new roof, wastewater upgrades, a fire station and various other capital improvement projects. The true interest rate on these loans were 3.24% on a 5-year loan, 3.44% on a 10-year loan, 3.94% on a 15-year loan, 4.30% on a 20-year loan, 4.54% on a 25-year loan and 4.86% 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 2025 Series B bond issue by clicking here.

Also on July 15, 2025, the Bond Bank also sold $2,470,000 in taxable loans to fund school projects for the City of Rochester. The 10-year TIC on this taxable loan was 5.03%.

If you have a bond warrant article that you plan to include in FY26, we 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 January 15, 2026. 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 October 24, 2025.

Planning a project for 2026? We can provide you with estimated payment schedules to assist you with planning your next project. Please call us at (603) 271-2595 or e-mail [email protected]. If you have any questions, need additional information, or would like to schedule a meeting you can contact me by phone at (603) 271-6639 or e-mail at [email protected].

Stay cool and enjoy your summer!

Tammy J. St. Gelais

Executive Director

July, 2025