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Maryland Holds Bond Sale at Board of Public Works

ANNAPOLIS, Md. (AP) - The state of Maryland will be holding a bond sale.

The sale is scheduled for Wednesday in Annapolis during the state's Board of Public Works meeting.

During the competitive sale, bids will be transmitted electronically by underwriting syndicates.

The winning bid will be ratified at the meeting. Final pricing is incorporated in the bond purchasing agreement, which must be approved by the board, which is made up of Gov. Larry Hogan, Treasurer Nancy Kopp and Comptroller Peter Franchot.

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Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.