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Maryland Announces Sale of $1.05B in Bonds

June 9th, 2022 by WCBC Radio

The state of Maryland Wednesday announced the sale of $1.05 billion in general obligation bonds. The state sold off $900 million worth of tax-exempt bonds through three bidding groups, and another $150 million in taxable bonds. Comptroller Peter Franchot noted that once again the state received the highest rating from the three major bond rating agencies and also received a “stable outlook.” All of those factors contributed to another successful bond sale…