(Bloomberg) -- Washington D.C. borrowed $576 million
at a weighted-average interest rate of 4.69 percent to finance
schools, recreation centers and government offices in the week's
largest U.S. tax-exempt bond sale.
The U.S. capital postponed another debt offering that was
to have saved the District of Columbia as much as $6 million on
previous higher-cost borrowings after bonds fell this week,
lifting borrowing rates for state and local governments.
Read more at Bloomberg Bonds News
at a weighted-average interest rate of 4.69 percent to finance
schools, recreation centers and government offices in the week's
largest U.S. tax-exempt bond sale.
The U.S. capital postponed another debt offering that was
to have saved the District of Columbia as much as $6 million on
previous higher-cost borrowings after bonds fell this week,
lifting borrowing rates for state and local governments.
Read more at Bloomberg Bonds News
No comments:
Post a Comment