3.2214% rate on bonds for DPW garage


Per email from Town of Medfield Treasurer/Collector, Georgia Colivas –

3.2214% is our winning lowest bid by Stifel Nicolaus, a brokerage and investment banking firm in Missouri.

The town received 9 bids, the highest being 3.5%

I will be at Selectmen’s meeting on 9/17 for signatures and votes.

The town received a fantastic interest rate, considering last week we were quoted a 4% due to the market volatility and unrest in Syria.  One week made such a difference in the interest rate.

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