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Treasurer Fiona Ma announces spring bond sales of $6.34 billion

featured graphic for California State Treasurer Fiona Ma

featured graphic for California State Treasurer Fiona Ma

Newly elected California State Treasurer Fiona Ma announced the upcoming sales of nine bond issues totaling approximately $6.34 billion. The sales begin the week of March 4th with $2.3 billion of general obligation bonds.

“Significant portions of the general obligation bond sales will be to finance older debt at today’s lower rates, thus saving taxpayers’ money and freeing up resources for other important projects and programs,” Treasurer Ma said.

“We are creating funding for a wide variety of vital infrastructure throughout the state. I am excited to be offering these bonds.”

The scheduled lineup of spring bond sales follows:

More information about the upcoming spring bond sales is at BuyCaliforniaBonds.com. The bond issuances described above (including the amounts and timing thereof) are subject to change or cancellation based on market conditions or other factors as determined by the State Treasurer. Note: This does not constitute an offer to sell nor an offer to buy bonds. Bonds may only be offered by means of an official statement. Contact your broker.

This article was released by the California State Treasurer’s Office.

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