Maine Municipal Bond Bank

The Maine Municipal Bond Bank is a Local Government Funding Agency created in 1973 to issue bonds, enabling it to lend to counties, municipalities, school districts, utility districts and other government organizations within the state of Maine.[1] The sale of tax-exempt bonds with the Bank's high credit rating allows these capital project loans to be issued at lower interest rates than would otherwise be available.[2] It was established by the Maine Municipal Bond Bank Act.[3]

References
  1. "Moody's assigns Aa2 to Maine Municipal Bond Bank's 2018 Ser. B; Outlook stable". Moodys.com. 19 September 2018. Retrieved 20 September 2018.
  2. "Maine Municipal Bond Bank". Bloomberg. Retrieved 20 September 2018.
  3. "Title 30-A, ยง5951: Creation of bank and membership". legislature.maine.gov. Retrieved 20 September 2018.


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