General Obligation Bonds 2009
City of Boston, Massachusetts
$100,000,000 General Obligation Bonds
2009 Series A
$8,940,000 General Obligation Bonds
2009 Series B
City of Boston, Massachusetts
$100,000,000 General Obligation Bonds
2009 Series A
$8,940,000 General Obligation Bonds
2009 Series B
On March 5, 2009, the City of Boston sold its $100,000,000 General Obligation Bonds, 2009 Series A (the "2009 Series A Bonds") and its $8,940,000 General Obligation Bonds, 2009 Series B (the "2009 Series B Bonds," and together with the 2009 Series A Bonds, the "Bonds") by competitive sale.
The City accepted all bids electronically. The City received fourteen bids for the 2009 Series A Bonds. The lowest true interest cost (TIC) offered for the 2009 Series A Bonds, bid by Barclays Capital, Inc., equaled 3.875761%. The City received six bids for the 2009 Series B Bonds. The lowest TIC offered for the 2009 Series B Bonds, bid by UBS Financial Services Inc., equaled 3.363359%.The Bonds were rated Aa1 by Moody's Investors Service Inc., and AA+ by Standard and Poor's Rating Services.
City of Boston, Massachusetts
$31,485,000 General Obligation Bonds
2009 Series C
On May 14, 2009, the City of Boston sold its $31,485,000 General Obligation Bonds, 2009 Series C (the "2009 Series C Bonds") by competitive sale.
The City accepted all bids electronically. The City received eleven bids for the 2009 Series C Bonds. The lowest true interest cost (TIC) offered for the 2009 Series C Bonds, bid by Barclay's Capital, Inc., equaled 2.325187%. The Bonds were rated Aa1 by Moody's Investors Service Inc., and AA+ by Standard and Poor's Rating Services.
City of Boston, Massachusetts
$20,000,000 General Obligation Qualified School Construction Bonds
2009 Series A
On October 28, 2009, the City of Boston sold its $20,000,000 General Obligation Qualified School Construction Bonds, 2009 Series A (the "2009 QSCB Series A Bonds") by competitive sale.
The City received one bid for the 2009 QSCB Series A Bonds. The lowest true interest cost (TIC) offered for the 2009 QSCB Series A Bonds, bid by Midland National Life and NACOLAH, Guggenheim Partners Asset Management, Inc., equaled 0.783411%. The Bonds were rated Aa1 by Moody's Investors Service Inc.
2009 Qualified School Construction Bonds Series A Official Statement