The notice for the NHMBB Board Meeting held on November 14, 2023 can be found here, and the agenda can be found here.

The NH Municipal Bond Bank’s July bond sale was held on July 12, 2023. NHMBB received 13 very close and competitive bids and awarded the bid to Citigroup Global Markets. $100,150,000 in bonds were sold to a pool of 16 communities to finance 59 projects that include building security, school additions and renovations, a solar array project, road and sewer improvements, bridge, dam and culvert work, HVAC system, land and building acquisitions, library expansion, a public safety building and various other infrastructure projects. The true interest rate on these loans were 3.26% on a 5-year loan, 2.99% on a 10-year loan, 3.35% on a 15-year loan, 3.65% on a 20-year loan and 4.09% on a 29-year loan. If you are interested in reviewing the details of this bond issue, you can find the Final Official Statement for the 2023 Series B bond issue by clicking here.

If you have a bond warrant article that you plan to include in FY24, we strongly suggest that you contact your bond counsel to be sure you are following all the necessary requirements and deadlines. The NH Municipal Bond Bank’s next bond issue will be held on January 9, 2024. If you would like to be included in this pooled bond issue, please call the Bond Bank to request an application. The application deadline is October 27, 2023.

Planning a project for 2024? We can provide you with estimated payment schedules to assist you with planning your next project. Please call us at (603) 271-2595 or email [email protected].

Stay cool and enjoy your summer!

Tammy J. St. Gelais

Executive Director

July, 2023