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Thursday, November 19, 2009
Stable Ratings Yield All Time Low Interest Rate on St. Mary’s County Bond Sale
Southern Maryland Online
St. Mary’s County Government sold bonds on Nov. 17 at an all-time low net interest rate of 3.09%. The Board of County Commissioners for St. Mary’s County was advised that the most recently published rates for sales by AA rated municipalities, just the previous day, posted 3.30%, and that the County’s rate approximated that of AAA rated municipalities, which posted 3.08%.
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