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Demand for WPS Facilities Project bonds exceeds supply resulting in lower overall interest rate

Demand for WPS Facilities Project bonds exceeds supply resulting in lower overall interest rate


District leaders were in New York the week of March 10th to price and sell the bonds for our Wyoming Primary Schools Facilities Project. Despite uncertainty surrounding the financial markets the prior two weeks, we received $87.9 million in orders for our $72.5 million bond issue, meaning demand for the bonds exceeded supply. This strong interest in our bonds resulted in an overall lower interest rate!

Bonds

Pricing and selling the Wyoming Primary Schools Facilities Project bonds: Wyoming City Schools Treasurer Ronda Johnson, Superintendent Tim Weber and Board of Education President Jeanie Zoller