City of Somerville, Massachusetts
General Obligation Refunding Bonds (2017)

Somerville

Invest in Somerville Massachusetts bonds today. The city is refinancing a portion of its bonds issued in 2006 to reduce its ongoing debt service costs. The 2006 bonds were issued to finance school renovations, sidewalk repairs, police cars and a ladder truck for the local fire department.


Issuance characteristics
  • Refunding
  • Not callable
  • Federally tax exempt
  • General Obligation
  • Competitive sale

Select your investment

Some maturities in this project may be oversubscribed. Orders for the oversubscribed maturities will be added to a waitlist and may be filled as space becomes available throughout the order period.

Preliminary pricing information for this issuance has been released. Pricing is subject to change based on market conditions between now and the closing of the order period.

This issuance has 12 maturity options, ranging from 2018 to 2029.

  • Maturity date 08/15/2018 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 101.413 Credit enhancement No Order quantity
  • Maturity date 08/15/2019 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 104.152 Credit enhancement No Order quantity
  • Maturity date 08/15/2020 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 106.344 Credit enhancement No Order quantity
  • Maturity date 08/15/2021 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 108.337 Credit enhancement No Order quantity
  • Maturity date 08/15/2022 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 110.084 Credit enhancement No Order quantity
  • Maturity date 08/15/2023 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 111.27 Credit enhancement No Order quantity
  • Maturity date 08/15/2024 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 112.527 Credit enhancement No Order quantity
  • Maturity date 08/15/2025 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 113.499 Credit enhancement No Order quantity
  • Maturity date 08/15/2026 Amount available Waitlist Coupon 4.000% Call features
    Approximate price 114.162 Credit enhancement No Order quantity
  • Maturity date 08/15/2027 Amount available Waitlist Coupon 2.000% Call features
    Approximate price 98.657 Credit enhancement No Order quantity
  • Maturity date 08/15/2028 Amount available Waitlist Coupon 2.125% Call features
    Approximate price 96.138 Credit enhancement No Order quantity
  • Maturity date 08/15/2029 Amount available $10K Coupon 2.250% Call features
    Approximate price 96.258 Credit enhancement No Order quantity