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We, the undersigned State Treasurers, condemn Russia’s unprovoked and unjustified invasion of Ukraine. The Russian invasion is a threat to democratic freedoms and global stability and cannot be tolerated.

Washington State Treasurer Mike Pellicciotti approved the sale of a series of bonds today that will deliver upwards of $942 million in proceeds to be used to finance community infrastructure, K-12 school renewal and replacement projects, and other capital projects across the state.

Eight municipalities across Washington, two state agencies, and three colleges are preparing to finance new equipment, emergency vehicles and building upgrades in partnership with the Office of the State Treasurer.

The State Treasurer’s office will be taking advantage of historically low interest rates and the state’s excellent credit ratings to refinance existing state debt.

State Treasurer Mike Pellicciotti and his office’s debt management team are finalizing preparations for an important transaction this week that will provide necessary financing for two dozen local and state capital projects and equipment purchases.

Washington state could keep a half billion dollars that will otherwise go to Wall Street in interest costs

In January, Washington State Treasurer Mike Pellicciotti joined 16 other state treasurers around the country to call on congress to pass the American Rescue Plan that contributed $7 billion to the State of Washington and local government and billions more into the pockets of Washington working families to stimulate our state economy.

Parents’ ability to pay for their kids’ future educational costs just got a bit easier. Due in part to successful state investments this past year, State Treasurer Mike Pellicciotti successfully led an effort today to lower the price of GET units

Washington State Treasurer Mike Pellicciotti approved the sale of three series of bonds today, delivering over $950 million in proceeds, which will be used to finance major infrastructure and transportation projects throughout the state.

After the State Finance Committee met Wednesday to authorize the issuance of new bonds, Committee Chair and State Treasurer Mike Pellicciotti received confirmation that Washington has maintained its strong credit ratings as it prepares to sell approximately $600 million of Various Purpose General Obligation Bonds, $93 million of General Obligation Bonds, and $40 million of Motor Vehicle Fuel Tax GO bonds later this month.

Media Contact

Aaron T. Sherman
aaron.sherman@tre.wa.gov
564.200.3312

Adam Johnson
adam.johnson@tre.wa.gov
360.867.8010
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