City of Cambridge, Massachusetts GO
Bonds, 2018 Series A (Minibond Program)

City Of Cambridge

Invest in Cambridge's capital budget while earning tax-exempt income! Minibond proceeds will support certain Cambridge capital projects including, but not limited to King Open School, East Grand Junction Design, and Street/Sidewalk Reconstruction. See the summary below and read the Preliminary Official Statement under "Documents" for full details.

Issuance characteristics
  • Not callable
  • Federally tax exempt
  • General Obligation
  • 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 $1,000. 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.

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