Treasurer’s Office Announces $35 Million Bond Sale on May 7
COLUMBUS – Treasurer of State Robert Sprague has announced a bond sale that will price on the morning of Tuesday, May 7. 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 $35 million in tax-exempt bonds. The funds generated from the bond sale will benefit the Ohio Facilities Construction Commission for various cultural and sports facilities projects across the state. The bonds are expected to be delivered on May 16, 2019 and will mature on April 1 in the years 2020-2029.
A full list of projects expected to be funded through the 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 $20 billion investment and $10 billion debt portfolios, collects and deposits all state revenues, and oversees custodial assets.