State Public Works Board of the
State of California Lease Revenue
Refunding Bonds 2017 Series B and C

California State Public Works Board

Support California firefighters and earn tax-exempt income! Proceeds of the bonds will fund projects including The California Department of Forestry and Fire Protection, the California Department of Veterans Affairs; and the California State Department of State Hospitals.


Issuance characteristics
  • Contains callable maturities
  • Federally tax exempt
  • Revenue
  • Negotiated sale

Can I sell the bonds if I don’t want them anymore?

Yes, bonds sold through Neighborly are book-entry bonds with registered CUSIPs, and therefore are tradeable in the secondary market in the same way as any other registered municipal security. Read more here.

Can I transfer my bond to another brokerage account?

Absolutely, after the sale is completed, Neighborly can transfer bonds to a brokerage account at another institution. Fees may apply. Read more here.

Is there an investment minimum or maximum?

The minimum investment is determined by the minimum denomination of the issuance. In the case of this financing, it is $5,000. If there is a maximum, refer to Sales Condition under Project details tab.

What other risks should I be aware of when investing in bonds?

Please review the risks section of the Preliminary Official Statement for more information.

Visit our Support Center for more frequently asked questions