Massachusetts Sells Two Series of General Obligation Bonds for $1.88 Billion
Today, State Treasurer Deborah B. Goldberg announced that Massachusetts sold two series of General Obligation Bonds for an aggregate issuance par amount of $1.88 billion. The first series was a new money issuance, with proceeds to be used to fund projects in the Capital Investment Plan. The second series was a refunding of existing bonds for savings. This was the first financing of 2024 for the Commonwealth and the first significant high-grade deal of the year in the municipal bond market.