State Public Works Board Of The State Of California
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This issuance is not subject to any optional redemptions.
Federally tax exempt
This issuance is exempt from federal income tax. State taxes may apply, depending on your circumstances.
A revenue bond typically refers to a bond in which interest is paid and principal is repaid from a specific source of revenue pledged to the bond. For example, a bond issued by a municipal water and sewer authority would typically involve revenues obtained through local water and and sewer assessments.
The issuer selected an underwriting firm after negotiating with potential partners.
A credit rating is an estimate of the ability of the issuer to fulfill their financial commitments to investors, based on their past dealings, current financial health and expected financial health in the future. A higher rating indicates a lower risk that an issuer may not be able to pay investors agreed interest payments on time, or face difficulties returning investors their original investment amounts when their bonds mature. * Expected credit rating
Neighborly is a market participant on this issuance.