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 The next Board of Directors Meeting will be held February  20th. The notice and agenda can be found here.

Our January bond sale was held on January 9, 2024. The NHMBB issued $21,820,000 in tax-exempt municipal bonds. There were 6 towns, schools and cities who participated in this bond issue. These loans will help finance water and sewer projects, town vehicles, school and town building renovations, road reconstruction and other various capital improvement projects. The true interest rate on these loans were 2.89% on a 5-year loan, 2.72% on a 10-year loan, 3.09% on a 15-year loan and 3.40% on a 20-year loan.

If you are interested in reviewing the details of this bond issue, you can find the Final Official Statement for the 2024 Series A bond issue by clicking here. If you have a bond warrant article that you plan to include this year, we would strongly suggest that you contact your bond counsel to be sure you are following all the necessary requirements and deadlines. The NH Municipal Bond Bank’s next bond issue will be held on July 10, 2024. The NHMBB requires a completed bond application, Bond Counsel opinion and 3 years of CPA audits. If you would like to be included in this pooled bond issue, please call the Bond Bank to request an application. The application deadline is April 26, 2024.

Planning a project for 2024 or beyond? We can provide you with estimated payment schedules to assist you with planning your next project. Please call us at (603) 271-2595 or e-mail [email protected]. If you have any questions, need additional information, or would like to schedule a meeting you can contact me by phone at (603) 271-6639 or e-mail at [email protected].

Happy New Year and I wish you all the best in 2024!

Tammy J. St. Gelais

Executive Director

January 12, 2024 

 

 

 

 

 

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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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