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The state’s first competitive bond sale of 2025, just three months after facilitating the second largest one-day refinancing in state history.
Office of the State Treasurer (OST) financed over $24 million of projects through a sale of Certificates of Participation (COPs) that will provide low-interest financing for government partners
Second largest one-day refinancing in state history
Bolstered by the State’s outstanding credit ratings, the Office of the State Treasurer sold more than $1.3 billion in bonds to finance a broad range of capital and transportation projects, while refinancing previously issued debt to save $37.3 million in future debt costs.