Wilton Secures Favorable 3.4% Interest Rate In $9.2M Bond Sale

WILTON, CT — The town of Wilton secured one of the lowest municipal bond interest rates in Connecticut this year, following the successful sale of $9.175 million in bonds on May 28 to fund local capital projects.

According to town officials, Wilton received a winning bid of 3.4 percent, significantly below the expected market rate of around 4 percent. The favorable rate is attributed to the town's recently reaffirmed Aaa credit rating from Moody’s Investors Service, the highest possible rating, reflecting Wilton's strong financial position.

Thirteen bidders participated in the auction—exceeding expectations—and competed to offer the lowest rate, a process that ultimately benefits taxpayers by lowering the overall cost of public infrastructure investments such as the town’s new police station.

First Selectwoman Toni Boucher credited the result to Wilton’s sound fiscal management, robust financial policies, and positive economic indicators, including low unemployment and strong real estate values. The town also cited the presence of major corporate investor ASML as a contributing factor to its economic appeal.

Wilton’s bid outperformed even some other AAA-rated municipalities, one of which received a top rate of 3.93 percent, underscoring the town’s growing reputation among financial markets.