Published in the Interest of the Staunton Community for Over 143 Years
Published in the Interest of the Staunton Community for Over 143 Years
With This Sale, Spreads Have Decreased Approximately 100 Basis Points Since Gov. Pritzker Took Office
On Wednesday, May 8, 2024, Governor J.B. Pritzker announced that the State of Illinois has sold two series of General Obligation Bonds totaling $1.8 billion to provide funding for capital projects, this includs projects authorized under the Rebuild Illinois capital program and for accelerated pension payments pursuant to the state’s ongoing pension buyout program.
“Once again, continued fiscal responsibility and discipline have paid off in a big way for the state of Illinois, funding essential state infrastructure programs and reducing pension obligation costs,” said Gov. Pritzker. “The market...
Reader Comments(0)