On July 13th-15th, Arlington County successfully completed the sale of $80.48 million of General Obligation Public Improvement and Refunding Bonds. $54.01 million was sold to retail investors on July 13th, with $21.16 million, or 39% of the retail orders coming from Arlington County residents. All orders from Arlington residents were filled except for a few of the 2014 bonds, where more bids from Arlington residents were received than total bonds offered. The sale resulted in the lowest interest costs on record with the County, at an average interest rate of 3.07%. Click here to read the press release.
To access market data related to this bond issuance, please visit the EMMA website.
In 2009, for the ninth consecutive year, Standard & Poor's, Fitch Ratings, and Moody's Investor Services have all rated Arlington County’s debt AAA/AAA/Aaa. Arlington is one of only 23 counties in the United States to carry the coveted triple-A bond rating from all three rating agencies. See the press release>>>