Politics
DC Readies $1.2 Billion Bond Sale as Credit Stabilizes Post-DOGE
Key Points
DC Readies $1.2 Billion Bond Sale as Credit Stabilizes Post-DOGE Washington, DC is stepping up to borrow $1.2 billion this week at its annual municipal debt sale, tapping the market as its credit stabilizes. A portion of the proceeds will go toward the district’s six-year capital plan, which includes financing for the Washington Metropolitan Area Transit Authority as well as an infrastructure fund tied to redevelopment at the former site of Robert F. Kennedy Memorial Stadium. Some of the...
DC Readies $1.2 Billion Bond Sale as Credit Stabilizes Post-DOGE
Washington, DC is stepping up to borrow $1.2 billion this week at its annual municipal debt sale, tapping the market as its credit stabilizes.
A portion of the proceeds will go toward the district’s six-year capital plan, which includes financing for the Washington Metropolitan Area Transit Authority as well as an infrastructure fund tied to redevelopment at the former site of Robert F. Kennedy Memorial Stadium. Some of the funds will also go toward public schools and the police department.