Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Winchester reports strong 2025 bond sale: 14 bidders, 3.45% pricing and multi‑year savings
Summary
City finance staff updated council on the Oct. 22 bond sale that priced at 3.45% with 14 bidders; staff reported an estimated $888,000 savings over the life of the 20‑year bonds compared with a 20‑year AA index and $4.4 million in comparative savings across all outstanding issuances.
City finance staff on Nov. 5 told the Winchester Common Council that the city's Oct. 22, 2025 bond sale produced favorable pricing and competitive bidding.
"We sold bonds on the October 22," Finance Director Mary Glowa said. She reported the bonds priced at 3.45 percent and that 14 bidders participated, the highest number the city has seen in recent years. "We…
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
