Public projects set to cost less after state's bond rate is raised
Standard & Poor's Ratings Services has raised Oklahoma 's general obligation bond rate for the first time in almost five decades, state Treasurer Scott Meacham said Monday.
Meacham, who also serves as secretary for revenue and finance under Gov. Brad Henry , said Oklahoma's general obligation rating has been raised from AA to AA-plus, meaning lower borrowing costs for financing public infrastructure projects.
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