News Releases

News releases and media advisories since 2012 posted to the Department Financial Statements section of the Board of Water Supply website.


  • BWS Has Successful Sale of Bonds

    The Board of Water Supply successfully sold $93,535,000 of Water System Revenue Bonds. Proceeds from the bonds will be used to finance new projects, conduct repair and maintenance of the water system and to refinance outstanding debt.

    READ MORE >

  • BWS Notice of Potential Financing (2021)

    The Honolulu Board of Water Supply expects to issue tax-exempt and taxable Water System Revenue Bonds (the “Bonds”) to finance approximately $76,520,000 for new money purposes and to potentially advance refund outstanding Water System Revenue Bonds.

    READ MORE >

  • BWS Sells Bonds at Record Low Interest Rates

    On Wednesday, March 11, 2020, the Board of Water Supply (BWS) successfully sold $106.635 million of Water System Revenue Bonds.  Proceeds from the bonds will be used to finance new projects, conduct repair and maintenance of the water system, and refinance outstanding debt.

    READ MORE >

  • BWS Notice of Potential Financing (2020)

    The Honolulu Board of Water Supply expects to issue tax-exempt and taxable Water System Revenue Bonds (the “Bonds”) to finance approximately $134.2 million for new money purposes and to potentially advance refund outstanding Water System Revenue Bonds.

    READ MORE >

  • BWS Completes Bond Sale (2014)

    The Board of Water Supply (BWS) recently issued $144,985,000 in water system revenue bonds. The Series 2014A and Series 2014B bonds were sold, paying a rate of 3.36 percent. As a result, the BWS saved more than $13M in interest.

    READ MORE >

  • Bond Refinance Saves BWS More Than $7 Million

    The Board of Water Supply (BWS) has completed an $85.2 million bond issue on its Water Revenue Refunding Bonds, which will result in an expected net savings of about $7.15 million over the life of the bonds.

    READ MORE >

  • BWS Bond Rating Affirmed at Aa2, AA+ with Stable Outlooks (2012)

    Moody's Investors Service and Fitch Ratings, which establish bond ratings used when municipalities borrow money, recently affirmed the Honolulu Board of Water Supply’s (BWS) bond rating at Aa2 and AA+, respectively, maintaining a “stable outlook” in both cases. 

    READ MORE >