Debt Management

At the request of Treasurer Magaziner, the General Assembly in 2016 enacted new legislation to create Office of Debt Management to strengthen the oversight of the issuance and management of public debt in Rhode Island.

With a goal of promoting transparency in government and improving the financial health of municipal entities and quasi-public corporations in Rhode Island, the Public Finance Management Board (PFMB) provides debt-related information which can be used to determine the feasibility of issuing bonds. The information provided by the PFMB may also be used by investors to more easily evaluate the credit characteristics of each bond offering, and its issuing entity.

To learn more about the Office of Debt Management, click here.