Featured Municipal Bond in the Market, Week of 03/28/2016
Ann Arundel County Maryland is looking to schedule an issue this week for a new $285 million competitive general obligation bond for the week of March 28, 2016. The county has issued a preliminary official statement, citing two reasons for the issuance. First, some of the revenues will be used to refunding current outstanding bonds. Second, proceeds will be used for construction and improvement purposes, both general and water/sewer. Ann Arundel County has a higher median income than the state of Maryland, which in turn has a higher median income than the national as a whole. You can find more information about the county and a link to its official website by clicking here.
Provided at left is a quick snapshot of Ann Arundel County’s characteristics, courtesy of Merritt Research Services, LLC. (Merritt believes the data to be reliable but does not make any representations as to its accuracy or completeness). In addition, more information can be found on our municipal bond calendar, city, state, and county pages, and our employment database.