Treasurer Sprague Announces Bond Sale to Benefit State Projects
COLUMBUS – Ohio Treasurer Robert Sprague has announced bond sales that will price on the morning of Tuesday, September 15. Retail orders placed on behalf of Ohio individuals will be given first priority among all orders received from investors.
The Treasurer’s office plans to sell $44 million in tax-exempt bonds for the purpose of paying costs of capital facilities to be leased to the Ohio Facilities Construction Commission.
Additionally, the Treasurer’s office plans to sell $5.405 million in tax-exempt refunding bonds to refinance outstanding bonds used for the purpose of paying costs of capital facilities leased to the Department of Youth Services.
Those interested in purchasing bonds or finding out more information click here.
A full list of projects expected to be funded through the new money bond sale can be found here.
Robert Sprague became Ohio’s 49th Treasurer of State on January 14, 2019, bringing to the office his extensive experience working on financial matters in both the public and private sectors. Under Treasurer Sprague’s direction, the office manages the state’s $29 billion investment and $11 billion debt portfolios, collects and deposits all state revenues, and oversees custodial assets.