Issuer |
Baltimore County |
State |
Maryland |
Amount1 |
$205,000,000 |
Type
Issue/Series |
Metropolitan District Bond Anticipation Notes, 2020 Series Per the NOS, the coupon rate has been set at 4.00% |
Rating |
S&P: SP-1+Fitch: F1+Moody's: MIG1 |
Bank
Qualified |
No |
Good Faith |
None required |
|
Sale Date |
2/27/20 |
Dated Date |
3/19/20 |
Settlement
Date2 |
3/19/20
|
Sale Time |
10:00 AM - 10:22 AM Eastern Time |
|
Interest Due |
9/22/20, 3/22/21 |
Maturity Date |
3/22/21 |
Days to Maturity |
363 |
Day Basis |
30/360 |
Call Dates |
Non-callable |
Min. Bid Price
|
$50,000,000 |
Min. Bid Increment
|
$5,000,000 |
Premium Bids
|
Allowed |
Discount Bids
|
Not Allowed |
Other Details |
Interest rate = 4.0% |
|
Bid Format |
Partial |
Auction Format |
Open |
Award Basis
|
TIC Semi-Annual Compounding |
Two-Minute Rule
|
Yes |
Bond Counsel |
McKennon Shelton & Henn LLP Baltimore, MD |
Web
Site |
www.MuniAuction.com |
Contact |
PRAG New York, NY Attn: Monika Conley Phone: 212-566-7800 mconley@pragadvisors.com |
|
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