State of Connecticut

Notes to the Financial Statements

June 30, 2008

Note 26 Subsequent Events

In July 2008, the State issued $196 million of Clean Water Fund revenue bonds. The bonds will mature in years 2009 through 2018 and bear interest rates ranging from 3.0% to 5.0%

In September 2008, the State issued $98 million of Second Lien Special Tax Obligation Refunding Bonds. The bonds will mature in years 2009 through 2022 and bear interest rates ranging from 3.0% to 5.0%.

In October 2008, the State issued $500 million of general obligation bonds. The bonds will mature in years 2009 through 2028 and bear interest rates ranging from 3.5% to 5.75%.

In November 2008, the State issued $300 million of Special Tax Obligation Bonds. The bonds will mature in years 2009 through 2028 and bear interest rates ranging from 3.0% to 5.0%.

In January 2009, the State issued $415 million of Second Lien Special Tax Obligation Refunding Bonds. The bonds will mature in year 2010 through 2022 and bear interest rates ranging from 2.0% to 5.0%.

In February 2009, the State issued $400 million of General Obligation Bonds. The bonds will mature in years 2010 through 2029 and bear interest rates ranging from 2.0% to 5.0%.