Pension overhaul boosted investor confidence in Rhode Island, contends General Treasurer Gina Raimondo, who cited positives in the state's two bond offerings in 2012.

In her state of the treasury report, released late Monday, Raimondo, a leading advocate of the pension overhaul, touted a $123 million bond refinancing that saved Rhode Island more than $7 million, and an $81.4 million general obligation bond sale priced at the lowest cost of capital for the state ever.

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