Secretary of Finance Announces Successful Bond Sale
Department of Finance | Date Posted: Monday, February 19, 2018
Carney Administration Outlines Investments in Electric Vehicle Infrastructure
Date Posted: November 1, 2024
Open Enrollment on Delaware’s Health Insurance Marketplace Starts Nov. 1
Date Posted: November 1, 2024
DNREC Reopens Castle Trail Along C&D Canal Following Repairs to Storm-Damaged Section
Date Posted: October 31, 2024
Delaware Partners with American Cancer Society for 2nd Annual Lung Cancer Screening Campaign
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OMC Provides Update on License Lottery and Selected Applicants for Delaware’s Marijuana Industry
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Funding Awarded for Tree-Planting Projects
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With Annual Fall Trout Stocking in White Clay Creek, DNREC Delivers Angling Opportunities
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Carney, Carper, Coons, Blunt Rochester Announce Over $127 Million in Federal Funding to Decarbonize Port Wilmington
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Governor Carney Launches Statewide Student Mentoring Program
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Opioid Fund Co-Chairs Release Roadmap to Recalibrate Use of Settlement Funds
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Office of the Marijuana Commissioner (OMC) Conducts Lottery for Delaware’s Regulated Marijuana Industry
Date Posted: October 25, 2024
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Tag-A-Palooza 2024
Date Posted: October 24, 2024
Office of the Marijuana Commissioner: Licensing Lottery
Date Posted: October 23, 2024
New Housing Vouchers for Delaware Families
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Colonial Teacher Named Delaware 2025 Teacher of the Year
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Governor Carney Orders Lowering of Flags
Date Posted: October 15, 2024
Delaware Faces Dry Conditions: Open Burning Ban Issued, Water Conservation Urged
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Burning Ban
Date Posted: October 15, 2024
DelDOT Announces 4th Annual Name That Plow Contest
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Potassium Iodide Distribution on October 24 in Townsend
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DPH Releases Latest Cancer Incidence and Mortality Trends in Delaware
Date Posted: October 14, 2024
Navarro Announces Eighth Consecutive Workers’ Comp Rate Decrease
Date Posted: October 14, 2024
Governor Carney Statement on Honorable James T. Vaughn, Jr.’s Passing
Date Posted: October 11, 2024
Delaware Celebrates $14.3 Million Climate Grant for I-95 Charging Infrastructure
Date Posted: October 10, 2024
First Spouse Tracey Quillen Carney, Delaware DOE, Delaware Readiness Teams Kick off Kindergarten Registration
Date Posted: October 9, 2024
Delaware Board of Pardons Reforms Support Second Chances
Date Posted: October 9, 2024
Look Out for Deer Crossing Roads During Mating Season, Delaware Authorities Caution Drivers
Date Posted: October 9, 2024
Governor Carney to Activate Delaware National Guard to Assist with Florida’s Hurricane Response
Date Posted: October 8, 2024
Food Bank, Lt. Gov. Hall-Long Coordinate Infant Formula, Supplies for Hurricane Helene Relief
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Highmark Exam Results In Mental Health Parity Penalties
Date Posted: October 8, 2024
Governor Carney Statement on Former Mayor Ted Becker’s Passing
Date Posted: October 7, 2024
Fire Prevention Month 2024
Date Posted: October 6, 2024
2024 General Election Voter Registration Deadline is Saturday, October 12, 2024 at 11:59 p.m.
Date Posted: October 4, 2024
OMC Receives More than 1,000 Applications for Licenses and Prepares for the Lottery Process
Date Posted: October 3, 2024
Blackbird Creek Fall Festival Set For October 19
Date Posted: October 3, 2024
Medicare Assistance Bureau: Important Reminders Ahead of Open Enrollment
Date Posted: October 3, 2024
National Endowment for the Arts Announces $12 Million in Grants to Expand Access to Arts in Communities Nationwide
Date Posted: October 2, 2024
Delaware EARNS Registration Deadline Approaching
Date Posted: October 2, 2024
The Mezzanine Gallery to Exhibit Brandan Henry’s “Ebon Solus”
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Delaware’s AP Success: Advancing Equity and Excellence
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GACEC Partnering with Delaware YMCA to Host Resource Fair
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McMaster Technique Offers Delaware Livestock Producers and Veterinarians More Options in Herd Health
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DSHA Launches Landlord Incentive Program to Expand Housing Opportunities for Voucher Holders
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Governor Carney Signs State Retiree Health Care Benefits Legislation
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Delaware sends swift water team to North Carolina
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Community Engagement Sessions for Delaware Climate Action Plan Update Planned
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Delaware Division of the Arts and DETV Launch “Arts Alive Delaware” TV Series
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Delaware Office of Highway Safety Announces New Campaign to Increase Safety on Delaware Roadways
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15 DNREC Programs to Participate in UD’s Annual Coast Day
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DNREC Study Finds PFAS in Surface Water Samples
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Two Delaware Schools Named 2024 National Blue Ribbon Schools
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Five Schools Earn State School Counseling Award
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Governor Carney Vetoes House Bill 140
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First Spouse Tracey Quillen Carney Recognizes September as Literacy Month, Continues Reading Tour
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Event at the Delaware Public Archives: Tales from the Vaults
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Emergency Sirens Test on October 1
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DNREC Accepting Community Water Quality Improvement Project Grant Proposals
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DNREC to Hold Community Information Session Sept. 24 on Indian River Inlet North Side Beach and Dune Repair
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State Auditor’s Office Issues First Audit of Dual Employment of Government Officials Since 2017
Date Posted: September 17, 2024
OWAA Releases Comprehensive Report on the Status of Women in Delaware
Date Posted: September 17, 2024
Poetry Out Loud to Celebrate 20th Anniversary During 2024-2025 School Year
Date Posted: September 16, 2024
Health Insurance Marketplace Data Released; Rates Finalized
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Take Action to Avoid Accidents this Falls Prevention Awareness Week with Statewide Events
Date Posted: September 16, 2024
U.S. Senator Tom Carper Visits the Delaware Fire Prevention Commission
Date Posted: September 16, 2024
Drive Sober or Get Pulled Over Checkpoint Enforcement Results
Date Posted: September 13, 2024
Governor Carney Announces Changes to Leadership Team
Date Posted: September 13, 2024
Fire Commission Releases Statement Regarding Lewes Firefighter
Date Posted: September 12, 2024
Governor Carney Announces Emergency Repairs to Strengthen the Indian River Inlet Dunes
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Governor Carney Orders Lowering of Flags
Date Posted: September 10, 2024
Delaware 250 Announces Summer 2024 Grant Recipients
Date Posted: September 10, 2024
2025 Delaware Teacher of the Year to be Named Next Month
Date Posted: September 9, 2024
Fire Commission Groundbreaking Ceremony
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Unclaimed Property MONEY MATCH Program Returns over $364,000 to Delaware Taxpayers
Date Posted: September 9, 2024
Voting Alert: Automatically Registered Voters May Declare Their Political Party Affiliation at the Primary Election
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Date Posted: September 6, 2024
Governor Carney Signs Package of Legislation to Combat Effects of Climate Change
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DHSS Observes National Suicide Prevention Month
Date Posted: September 5, 2024
DUI Checkpoint Enforcement
Date Posted: September 4, 2024
Delaware Launches Agricultural Financing Program
Date Posted: September 4, 2024
Education Related Funds Awarded to Former Foster Youth
Date Posted: September 4, 2024
Improper Ambulance Service Payments Result in $363K Penalty Against Highmark
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The Mezzanine Gallery to Exhibit Julieta Zavala’s “Mercado Kitsch México”
Date Posted: September 3, 2024
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Date Posted: August 30, 2024
Family Emergency Preparedness Day on September 14 for National Preparedness Month
Date Posted: August 30, 2024
Becoming an Outdoors-Woman Weekend Coming to Killens Pond State Park Oct. 4 to 6
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Drive Safely as Kids Head Back to School
Date Posted: August 30, 2024
Suspect Identified in a Hit-and-Run Incident Involving a Golf Cart
Date Posted: August 30, 2024
Governor Carney Signs Legislation to Address Food Deserts
Date Posted: August 29, 2024
Governor Carney Orders Lowering of Flags
Date Posted: August 29, 2024
DE, AR, PA, CA, TX, WI and 25 Other States Announce Settlement to End Interstate Unclaimed Property Litigation
Date Posted: August 28, 2024
Department of Finance | Date Posted: Monday, February 19, 2018
Finance Secretary Rick Geisenberger today announced that the State closed on the sale of $250 million in triple-A-rated general obligation bonds in last week’s bond sale. This was the second bond sale within four months.
“New federal tax policy eliminates the State’s ability to ‘advance’ refund its general obligation bonds for savings, so, in November, we took advantage of an opportunity to capture refunding savings of $4.7 million,” said Secretary Geisenberger. Last week’s sale of $250 million will fund capital projects including new schools in the Appoquinimink, Caesar Rodney and Laurel school districts, improvements to many other public schools as well as museums and the Port of Wilmington. These and many other capital projects are authorized by the General Assembly in the annual bond bill.
With triple-A ratings recently reaffirmed by Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s Rating Services, Delaware’s bonds were well received even in the recent volatile marketplace. The sale brought interest from a variety of investors, including bond funds, insurance companies, bank portfolios and separately managed accounts.
Related Topics: bond, Fitch Ratings, general obligation bonds, Moody's, rating
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Department of Finance | Date Posted: Monday, February 19, 2018
Finance Secretary Rick Geisenberger today announced that the State closed on the sale of $250 million in triple-A-rated general obligation bonds in last week’s bond sale. This was the second bond sale within four months.
“New federal tax policy eliminates the State’s ability to ‘advance’ refund its general obligation bonds for savings, so, in November, we took advantage of an opportunity to capture refunding savings of $4.7 million,” said Secretary Geisenberger. Last week’s sale of $250 million will fund capital projects including new schools in the Appoquinimink, Caesar Rodney and Laurel school districts, improvements to many other public schools as well as museums and the Port of Wilmington. These and many other capital projects are authorized by the General Assembly in the annual bond bill.
With triple-A ratings recently reaffirmed by Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s Rating Services, Delaware’s bonds were well received even in the recent volatile marketplace. The sale brought interest from a variety of investors, including bond funds, insurance companies, bank portfolios and separately managed accounts.
Related Topics: bond, Fitch Ratings, general obligation bonds, Moody's, rating
Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.
Here you can subscribe to future news updates.
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