Springfield officials are gushing about how low the interest rates are for a new bond sale.
An announcement from Mayor Domenic Sarno and the city's chief financial officer provided details on the 44-million-dollar sale, which they say will fund various capital projects.
Sarno said Springfield is currently boasting the highest bond ratings in the city's history after it accepted a bid from Bank of America Merrill Lynch for an average rate of just over three percent.