Current Offerings

$31,960,000*
VERMONT BOND BANK
2024 Series 3 Refunding Bonds

*Prelminary, subject to change

 

See Offering Details

PRICING DATE (expected)

8.27.2024

CLOSING DATE

9.5.2024

General Resolution

Standard & Poor’s
AA+
Outlook - Stable
Date - July 2024
Document - S&P Rating Report

General Resolution

Moody's
Aa2
Outlook - Stable
Date - July 2024
Document - Moody's Rating Report

See reports for underlying credit discussion. Ratings subject to change. 

$612,491,000

million outstanding as of
July 1, 2024

Above total reflects bonds outstanding under the Bond Bank’s General Resolution. See most recent Official Statement. 

EMMA photo

EMMA Link

Follow outside link to access consolidated disclosures and market information about the Bond Bank through the Municipal Securities Rulemaking Board’s (MSRB’s) Electronic Municipal Market Access (EMMA) website.

 

EMMA Link

VBB Bond

How to Buy Our Bonds

Step 1: Have a brokerage account
Bonds cannot be directly purchased from the Bond Bank. We expanded the number of institutions with direct access to our bonds to assist investors of all types.
To participate, individuals must have an account with one of the firms shown on the current offering page or with another firm that can place an order through a participating firm. 
Actual Paper Bond
Step 2: Learn about the bonds.
See our current offering page to learn more about the bonds through the Preliminary Official Statement and roadshow. Contact your brokerage firm with questions. 
Paper Bond Photo
Step 3: Place your order.
Orders for bonds must be placed on a specific date and time. See our current offerings page for details of when the bond sale will occur.

Executive Director Michael Gaughan

(802) 861-0073

michael@vtbondagency.org

Contact

Our borrower base ranges from large institutions to individual investors throughout Vermont. Alongside this diversity is a broad spectrum of questions about the Bond Bank. Large and small, I’m always available and welcome inquiries from current and potential investors. 

Sincerely,
Michael Gaughan
 

Financial Documents

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The Bond Bank expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor.

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Annual Reports

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The Bond Bank expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor.

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Audits

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The Bond Bank expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor.

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Rating Agency Reports

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The Bond Bank expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor.

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Official Statements

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The Bond Bank expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor.

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TO ENTER THE INVESTORS’ SECTION OF THE WEBSITE, READ THE FOLLOWING DISCLAIMER AND CLICK ON THE AGREE BUTTON.
Disclaimer

You must read the following information before accessing and using this portion of the website. Under no circumstances shall the information on this website constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Offers to purchase securities may be made only through a registered broker-dealer and through an Official Statement.

The information contained on this website has been included for general informational purposes only. The information set forth is limited in scope and does not contain all material information concerning the VMBB’s bonds necessary to make an informed investment decision. No person should make an investment decision in reliance on the information contained herein.

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The VMBB expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor. No statement found on this website is incorporated by reference in any Preliminary Official Statement or Official Statement for the bonds and no statement on this website is part of any Preliminary Official Statement or Official Statement.

Certain financial information and operating data, as well as information regarding certain material developments with respect to the VMBB and its bonds, may be filed with the Municipal Securities Rulemaking Board Electronic Municipal Market Access (EMMA).

The documents contained in this section may make “forward looking statements” by using forward-looking words such as “may”, “will”, “should”, “expects”, “believes”, “anticipates”, “estimates”, or others. You are cautioned that forward-looking statements are subject to a variety of uncertainties that could cause actual results to differ from the projected results. Those risks and uncertainties include general economic and business conditions, receipt of funding grants, and various other factors that are beyond our control. Because we cannot predict all factors that may affect future decisions, actions, events, or financial circumstances, what actually happens may be different from what we include in forward-looking statements.

By clicking “I Agree” below, and continuing through this section, you acknowledge your review and understanding of the warnings above.

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