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Thursday, January 24, 2013

Pavia: Stamford Sells $50M in Bonds at Record-Low Borrowing Rate

Mayor Michael Pavia today announced the City of Stamford had sold $50 million of 20-year tax-exempt, general obligation bonds at a true interest cost of 2.249%, the lowest long-term borrowing rate ever achieved by the city, according to a release from his office.



via Stamford Newswire http://stamford.patch.com/articles/stamford-sells-50m-in-bonds-at-record-low-borrowing-rate

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