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Washington bonds continue to be in demand with investors. Top rating agencies referenced Washington’s strong economic fundamentals, strong governance practices, and sound reserves as key factors in the state’s strong credit ratings.
Low-cost financing provided to state agencies, higher education institutions, and local government partners through the sale of Certificates of Participation (COPs)
Since taking office in January of 2021, Treasurer Mike Pellicciotti has led Washington to over $1 billion in savings through the refinancing of previously issued debt.
OST sells over $1.5 billion of new money bonds to fund a wide variety of capital and transportation projects.
state agencies and local government partners access over $56 million in low-interest financing