New Governor Won't Impact New Hampshire Debt: Treasurer

A new governor taking the reins Wednesday should not affect New Hampshire's bond sales, said the state's treasurer, Catherine Provencher.

Democratic governor John Lynch is retiring after eight years in office. Democrat Maggie Hassan has been elected to replace him. New Hampshire governors are elected to two-year terms.

The switch of governors is not a "drastic transition," Provencher said. It should not affect the timing or dollar values of bond sales, she said. Provencher has been in office for six years. In December the state's lawmakers elected her for an additional two-year term.

In November, New Hampshire sold $90 million in general obligation bonds. In 2012 the state sold $364 million in bonds. Provencher does not expect the state to sell any more bonds for another nine months.

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