Link

For informational purposes only and as a courtesy to the State of Vermont borrowers the VMBB has posted weekly the Bond Market News and Analysis reports.

Click on the link(s) below to review the most current Bond Market News and Analysis Report.

 

Bond Market News and Analysis as of July 10, 2017

Bond Market News and Analysis December 2016

Bond Market News and Analysis as of December 12, 2016

Bond Market News and Analysis as of December 05, 2016

Bond Market News and Analysis as of November 21, 2016

Bond Market News and Analysis as of November 14, 2016

Bond Market News and Analysis as of November 07, 2016

Bond Market News And Analysis as of October 31, 2016

Bond Market News And Analysis as of October 17, 2016

Bond Market News And Analysis as of October 03, 2016

Bond Market News And Analysis as of September 26, 2016

Bond Market News And Analysis as of September 12, 2016

Bond Market News And Analysis as of August 22, 2016

Bond Market News And Analysis as Of August 15, 2016

Bond Market News and Analysis as of January 19, 2016

Bond Market News and Analysis as of January 11, 2016

Moody’s Investors Services Report ~ Monitization of University Property Can Benefit Both Town and Gown

Click Here to view Moody’s Investors Services’ report on how the sale of non-essential real estate can increase endowments and financial reserves; generate additional income to advance its mission; and reduce operating costs for the asset. For a local government, the addition of previously tax-exempt property to the tax rolls can bolster its budget…

NAHEFFA Report on Non-profit Charitable Educational and Healthcare Organizations

NAHEFFA recently released a report on how non-profit charitable educational and healthcare organizations would be harmed if Congress alters or removes the tax-exemption for municipal bonds.

Click on the link below to review NAHEFFA’s report.

IHS Study on the Economic Impact of Proposed Restrictions on the Tax Exempt Bonds for Nonprofit Organizations

VEHBFA closed on the Rutland Regional Medical Center’s Series A bonds on 9/3/13

VEHBFA issued $31.350M in 2013 Series A (tax-exempt) bonds on behalf of the Rutland Regional Medical Center (RRMC) to refund previously issued VEHBFA/RRMC debt and to cover the cost of issuance of the 2013-A bonds. RRMC expects to save approximately $542,000 in year one and an annual median savings of $400,000 from the refunding due to the lower credit spread of the new bonds.

Saint Michael’s College

For organizations that access the capital markets on a limited basis, undertaking a bond issue can be a daunting challenge. We are fortunate to have an organization such as the Vermont Education and Health Buildings Financing Agency available to assist in the many facets of financing transactions.

Saint Michael’s College has issued debt periodically and our experience with VEHBFA has been exceptional. The team assembled by VEHBFA, including Bob Giroux as Executive Director, bond counsel and financial advisors, has been an exceptionally well qualified, knowledgeable and professional asset for borrowers such as Saint Michael’s. This group gives you confidence that your transaction will be professionally managed, performed in a timely manner and done in compliance with IRS regulations when applicable. They’re also great people to work with making the process from start to finish an enjoyable experience.

Neal Robinson
Vice President for Finance and Treasurer
Saint Michael’s College