Washington, D.C., to Sell $929.6 Million of Bonds for Capital Project Expenditures

Washington, D.C. plans to sell $929.6 million in bonds for capital project expenditures. This includes $387.5 million in Series 2026A General Obligation Bonds and $542 million in Series 2026B General Obligation Refunding Bonds, maturing from 2027 to 2046. The bonds will be priced on February 10, with closing on March 3. The capital improvements plan for 2026-2031 outlines $10.7 billion in funding, with significant allocations for public education and infrastructure. Fitch and S&P rated the bonds AA+, while Moody's rated them Aa1. Barclays and Siebert Williams Shank are the lead managers.