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Colleen C. Davis
State Treasurer


Changes to the BAN/BOND Application Process



The General Obligation 2024 Bond Sale for FY24 officially closed May 15th. As part of the FY24 post-bond sale process, BAN/Bond applications submitted through the Service Now portal have been reviewed and are being finalized. Updates will be provided through the Service Now portal as tickets are completed.

Information regarding the FY25 BAN/Bond application intake will be available after FY25 fiscal year start-up.

Work on production of the GO2024 debt service amortization schedules is in process. OST expects to fulfill requests for GO2024 debt service reports, received via the Service Now Portal, by July 8, 2024.

OST continues to transition from manually intensive and redundant processes and systems, to a new debt management system to recognize efficiencies and improve data accuracy and metric reporting for bond debt issuance.

We appreciate your continued patience, and collaboration, as we progress towards our continuous process improvement goals.


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
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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