West Virginia on a Roll With $70 Million Sold So Far in 2003

Newman, Emily
March 2003
Bond Buyer;3/27/2003, Vol. 343 Issue 31802, p28
Trade Publication
With a handful of deals already complete and a potential 4 billion dollar pension bond sale later in the year, West Virginia, the Southeast region's smallest issuer last year, has started 2003 with a sizeable amount of bond issuance as of March 27, 2003. New-issue volume grew to 674 million dollars in 2002 and West Virginia's bond issuance this year has been steady — five sales with a combined total that ran into millions of dollars in February and late January, most of it new money, according to Municipal Market Data. Erica Boggess, senior director of finance, accounting, and information at the West Virginia Housing Development Fund, said the fund is looking at roughly 25 million dollars of mortgage revenue bonds for single-family homes later this Spring.


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