In its first meeting of the year, the Connecticut State Bond Commission today will vote to allocate $3.64 billion of bonds, including $2 billion of pension obligation bonds for the state’s Teachers’ Retirement Fund.

Gov. M. Jodi Rell, who chairs the commission, sets the agenda for each meeting, which usually occurs once a month. She signed into law the authorization of $2 billion of pension bonds last August to help close a $6.9 billion shortfall in the Teachers’ Retirement Fund for the state.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.