The Debt Management Department of the Office of the Treasurer has posted a Request for Statement of Qualifications for Financial Advisory services.
You can access the RFQ through the COMMBUYS site or here: BD-23-1108-TREAN-ANF00-79273
News
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for August totaled $2.601 billion, $108 million or 4.3% more than the actual collections in August 2021. August 2022 revenue collections were impacted by the elective pass-through entity (PTE) excise.
Find the full revenue numbers on the Department of Revenue's website.
The Commonwealth of Massachusetts $1,996,515,000 Special Obligation Revenue Bonds (Unemployment Insurance Trust Fund) 2022 Series A (Federally Taxable) (Social Bonds), $684,465,000 Special Obligation Revenue Bonds (Unemployment Insurance Trust Fund) 2022 Series B (Federally Taxable) (Social Bonds) Official Statement is now available on EMMA.
BOSTON - Culminating a two-year, multi-agency effort to stabilize the Commonwealth’s Unemployment Trust Fund, the Commonwealth sold the largest Environmental, Social and Governance (ESG) municipal bond financing to date this week with its $2.6 billion special obligation bond transaction.
Originally posted on State House News - A major bond sale that was put on hold as the House and Senate tried to reach a compromise version of economic development legislation is now back on for later this month, even as the economic development bill remains in limbo. The state Treasury is now planning to offer $2.7 billion of special obligation revenue bonds the week of Aug.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for June 2022 totaled $4.143 billion as of August 4, 2022, which is $470 million or 12.8% more than actual collections in June 2021 and $780 million or 23.2% more than benchmark.
Find the full revenue numbers on the Department of Revenue's website.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for July totaled $2.367 billion, $101 million or 4.5% more than the actual collections in July 2021. July 2022 revenue collections were impacted by the recently enacted elective pass-through entity (PTE) excise.
Find the full revenue numbers on the Department of Revenue's website.
The Massachusetts House of Representatives (the “House”) introduced legislation earlier this week that proposes allocating $300 million to the Unemployment Insurance Trust Fund. As of this date, the House has not yet acted on this proposed legislation. This legislation must be agreed to by both the House and the Senate by the end of the Legislature’s session on July 31, 2022, and subsequently signed into law by the Governor. Passage of this legislation may affect the size and structure of the bonds.
The Commonwealth of Massachusetts (the “Commonwealth”) anticipates selling approximately $2.7 billion* of Special Obligation Revenue Bonds (Unemployment Insurance Trust Fund), 2022 Series A and 2022 Series B (Federally Taxable) (Social Bonds), (the “2022 Bonds”) during the week of July 18, 2022.* Read the press release here.
The Commonwealth of Massachusetts is preparing to issue $2.7 billion* in Special Obligation Revenue Bonds (Unemployment Insurance Trust Fund) 2022 Series A (Federally Taxable) (Social Bonds) and 2022 Series B (Federally Taxable) (Social Bonds).