State, Local Maryland Sales Coming, to Tune of $838 Million

Newman, Emily
May 2003
Bond Buyer;5/13/2003, Vol. 344 Issue 31634, p4
Trade Publication
Four upcoming Maryland bond sales at both the state and local levels later in the spring and summer of 2003 will add more than 800 million dollars to the roughly 600 million dollars sold by major state issuers in the month of May. The state, Prince George's County, the city of Baltimore, and the Montgomery County Housing Opportunities Commission are planning bond sales, starting in June, that total approximately 838 million dollars in both new money and refundings. The competitive sale would now involve 100.1 million dollars in new-money issuance and 101.4 million dollars in refunding. That sale would be followed by a July or August lease-revenue bond sale via the county's Industrial Development Authority.


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