Maryland and Its Issuers Prepare for $1 Billion Summer

Newman, Emily
June 2003
Bond Buyer;6/2/2003, Vol. 344 Issue 31647, p36
Trade Publication
This article reports that Maryland issuers plan to sell more than $1 billion of debt in 2003, including natural triple-A rated bonds to be issued by the state, Howard County, and the Washington Suburban Sanitary Commission. The capital budget takes effect July 1, 2003. Also starting June 2003, new legislation will allow Maryland and its counties to swap interest rates and permit the state to issue negotiated and variable-rate bonds, although it remains to be seen if the upcoming sale will utilize that legislation.


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