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These bonds are considered highly valued in the marketplace due to the county’s AAA credit rating, which was affirmed by all three bond rating agencies this month. (Shutterstock)
HOWARD COUNTY, MD A total of $152,225,000 Public Improvement (CPI) and Metropolitan District bonds have been sold for Howard County via a competitive bid process. True Interest Cost (TIC) for CPI and Metro Bonds came in at 1.4 and 1.7 respectively. This has been the second lowest TIC for both CPI and Metro Bonds in the past 20 years. These bonds are considered highly valued in the marketplace due to the county s AAA credit rating, which was affirmed by all three bond rating agencies this month.