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.