Rockland Sells $1.5M BANs to Fidelity Capital Markets
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Description
The Rockland Select Board approved the sale of $1.5 million in 4.00% General Obligation Bond Anticipation Notes to Fidelity Capital Markets, a division of National Financial Services LLC, with an $18,195 premium. The one-year notes, dated October 23, 2025 and maturing October 23, 2026, include required securities disclosure and tax compliance undertakings.
Contract Details
Contract Amount
$1,500,000 4.00 percent General Obligation Bond Anticipation Notes plus $18,195 premium
Vendor
FIDELITY CAPITAL MARKETS DBA NATIONAL FINANCIAL SERVICES LLC
Agency
Town of Rockland, MA
Contract Type
FINANCIAL_SERVICES
Document Date
October 7, 2025
Contract Term
Notes dated October 23, 2025 and payable October 23, 2026
Renewal Date
2026-10-23
Renewal Info
Single one-year bond anticipation note issue; notes mature October 23, 2026 with no stated renewal or extension terms in the minutes.
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