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The next Board Meeting will be held October 19, 2021 on Zoom and in Person. You can find the agenda by clicking here. 

 

Our July bond sale was held on July 14, 2021. The NHMBB issued $117,155,000 in tax-exempt municipal bonds. There were 18 towns and school districts who participated in this issue. These loans will help finance school and library additions, renovations, and improvements, a public works garage, an HVAC system, utility improvements, road work, vehicle purchases, a town office building, a sober living facility, and dock repairs. The true interest rates on these loans are .75% on a 5-year loan, .96% on a 10-year loan, 1.49% on a 15-year loan, 1.74% on a 20-year loan, 2.01% on a 25-year loan, and a 1.98% on a 29-year loan. If you are interested in reviewing the details of this bond issue, you can find the Final Official Statement for 2021 Series C by clicking here.

On the same day, the NHMBB issued $10,320,000 in taxable municipal bonds to 11 communities to fund broadband infrastructure projects. The interest rates on these taxable loans are 1.85% for 10 years and 2.35% for 20 years. If you are interested in reviewing the details of this bond issue, you can find the Final Official Statement for 2021 Series D by clicking here

Our January bond sale will held on January 5, 2022. The application deadline is October 29, 2021. If you have project that needs financing, please give us a call and we will update an application for you. 

Planning a project for 2022? We can provide you with estimated payment schedules to assist you with planning your next project. Please call us at (603) 271-2595 or email jmcneil@nhmbb.com. If you have any questions, need additional information, or would like to schedule a meeting, you can contact me by phone or email at tstgelais@nhmbb.com.

 

Tammy J. St. Gelais

Executive Director

 

 



 

 

 

 

 

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The mission of the New Hampshire Municipal Bond Bank is to provide professional services to assist qualified New Hampshire entities to obtain financing for eligible purposes.
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