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Colleen C. Davis
State Treasurer


Changes to the BAN/BOND Application Process



BAN/BOND Application Intake – Fiscal Year 2025

The BAN/Bond Application Intake period for FY2025 is 10/01/2024 – 11/05/2024. Please submit your BAN or Bond applications, to receive funding authorized in the State’s Capital Improvement Act/Bond Bill, by clicking the “Ready to apply?” hyperlink below. Applications received after 11/05/2024 – will be reviewed and processed for approval by OST – during the FY2026 (07/01/2025 – 06/30/2026) application intake period.


Instructions for accessing the BAN/Bond application:

1 – How to Access and Use the Treasury Service Request Portal

2 – Debt Services – Service Catalog – Treasury Service Request

3 – BAN-Bond Application Request – Service Catalog – Treasury Service Request

4 – Debt Service Reports Request – Service Catalog – Treasury Service Request


Ready to apply? Click here.


Bond Interest Rates

State Fiscal Year Bond Interest Rate BAN Interest Rate
2025 3.76%
2024 3.76% 3.37%
2023 3.37% 2.28%
2022 2.28% 2.12%
2021 2.12% 2.88%
2020 2.88% 3.21%
2019 3.21% 3.05%
2018 3.05% 2.70%
2017 2.70% 2.82%

 

Updated 10/3/23



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