Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder announced that preliminary revenue collections for April totaled $3.865 billion, which is $1.885 billion (95.1%) more than the actual collections in April 2020, and $385 million (11.1%) more than benchmark. Find the full revenue numbers on the Department of Revenue's website.
The Commonwealth is selling $600 million in general obligations competitively on May 4th at 11AM. The POS can be found here.
The Massachusetts Clean Water Trust has successfully sold roughly $351.4 million in two series of new money Green Bonds and Sustainability Bonds.
The Trust would like to thank its banking team led by Morgan Stanley and the Massachusetts Treasury for its hard work and dedication on a successful sale. This was the 6th (sixth) Green Bond sale for the Trust but the first Sustainability Bond sale for both the Commonwealth and any State Revolving Fund (SRF) in the country!
The Commonwealth Investor Conference Call is on April 28th at 1:30 pm EST.
The slide deck for the call can be found here.
The Commonwealth has issued a Request for Responses (“RFR”) from qualified banks and other institutions interested in providing senior underwriting services for the Commonwealth's Unemployment Insurance Trust Fund Financing (UTF). The RFR can be found here
The Comptroller of the Commonwealth William McNamara published the Commonwealth’s Comprehensive Annual Financial Report for Fiscal Year 2020, the period that ended June 30, 2020. The report can be found here.
Massachusetts Department of Revenue Commissioner Geoffrey Snyder has that announced that preliminary revenue collections for March totaled $3.061 billion, which is $402 million or 15.1% more than the actual collections in March 2020 and $648 million or 26.8% more than the benchmark. Find the full revenue numbers at the Department of Revenue's website.
The Commonwealth of Massachusetts Debt Management team would like to thank our investors, our banking team led by Morgan Stanley, the Massachusetts Treasury, and Administration and Finance for its hard work on an extremely successful bond sale.
Please check out these images of the Morgan Stanley Billboard in Times Square!