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Gov. Abercrombie Announces Bond Sale
Taking advantage of historic low interest rates, the state of Hawaii has sold new debt and refinanced existing bonds to save tens of million of dollars. It's being called the largest bond transaction in state history. It allows the state to replenish the Hurricane and Rainy Day funds that were raided to balance the budget.
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Gov. Abercrombie Announces Bond Sale
Taking advantage of historic low interest rates, the state of Hawaii has sold new debt and refinanced existing bonds to save tens of million of dollars. It's being called the largest bond transaction in state history. It allows the state to replenish the Hurricane and Rainy Day funds that were raided to balance the budget.
Date: 12/2/11
Views: 20
Video by:  KITV Honolulu
 
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