On April 2, 2009, Loudoun County formally closed its sale of $168 million of Triple-A-rated general obligation bonds. The order period took place over two days last month (March 18-19), with approximately $125 million, or 74 percent of the available bonds selling to individual retail investors on the first day. Of those retail investors indicating their place of residence, 87 percent lived in Loudoun County or elsewhere in Virginia.