Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
McLennan County sells $31.9 million certificates of obligation; top bid at 4.29%
Summary
The court accepted a bid this morning for McLennan County's combination tax and limited pledge revenue certificates of obligation (not to exceed $30 million principal), awarding the sale to BOK Financial at a 4.29% true interest cost and scheduling wire of proceeds August 6.
McLennan County on July 15 accepted a competitive bid and awarded the sale of combination tax and limited-pledge revenue certificates of obligation to BOK Financial, the county's financial advisor said, after a competitive morning of bids.
Nut graf: The county had earlier authorized notice of intention for up to $30 million of certificates of obligation. The offering drew seven competitive…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
