Treasurer Sprague Announces OMAP Savings for the City of Euclid
Ohio Treasurer of State press release · Published by the official office
COLUMBUS – The Ohio Market Access Program (OMAP) administered by Ohio Treasurer Robert Sprague has helped the City of Euclid (Cuyahoga County) enter the market and save an estimated $5,670 in interest costs.
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Treasurer Sprague Announces OMAP Savings for the City of Euclid
COLUMBUS – The Ohio Market Access Program (OMAP) administered by Ohio Treasurer Robert Sprague has helped the City of Euclid (Cuyahoga County) enter the market and save an estimated $5,670 in interest costs.
“Investing in Ohio’s local governments is essential for the growth and success of our state. OMAP allows local communities to leverage Ohio’s high short-term credit rating and borrow at a lower cost when funding improvements,” said Treasurer Sprague. “We’re proud to continue our partnership with the City of Euclid and help them save over $47,000 on borrowing costs.”