Such projects include major transportation infrastructure, water and wastewater treatment improvements, land acquisition, working farmland preservation and improvements at the University of Maine system.

State Treasurer Terry Hayes announced Tuesday that Maine has successfully priced the bonds and borrowing costs will be 1.44 percent over the ten-year bonding period.

Hayes called the low-interest rates a “tribute” to Maine’s AA rating and “continually improving financial position.”

Maine accepted a bid from J.P. Morgan for one series of bonds and a bid from Raymond James for the other.

Hayes said the sales will wrap up by the end of June, and the projects will be funded before the fiscal year’s end.