The Regents of the University of
California General Revenue Bonds 2018
Series AZ & 2018 Series BA (Taxable)

The Regents Of The University Of California

Invest in the University of California Bonds today! Proceeds of the 2018 Bonds will be used to finance or refinance all of a portion of certain projects of the University of California. See the summary below and read the offering documents under "Documents" for full details.


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

Sale closed

Retail Order Period

Orders will be filled according to the following priority:

  1. California Retail
  2. National Retail

Definition of Retail Order:

A Retail Order is defined as an order placed for an account of an individual, or a  bank trust, investment  advisor   or  money  manager  acting  on  behalf  of  an  individual,  with  a maximum  of $1,000,000 per account. Orders in excess of $1,000,000 may be submitted but will be subject to verification by the State and the Joint Senior Managers. The investor’s zip code must be included with all Retail Orders submitted.

The State reserves the right to accelerate from the Retail Order Period to the Institutional Order Period on the same day and immediately after the Institutional Order Period, market conditions permitting.

Institutional Order Period

Orders will be filled according to the following priority:

Tax-Exempt Bonds:

  1. Net Designated
  2. Retail
  3. Member

Taxable Bonds:

  1. Net Designated
  2. Member

These are the final prices as noted in the Official Statement. These bonds are now subject to secondary market conditions.

This issuance has 21 maturity options, ranging from 2020 to 2048.

  • Maturity date 05/15/2020 Principal amount $2.29M Coupon 5.000% Call features
    Approximate price 106.185 Credit enhancement No
  • Maturity date 05/15/2021 Principal amount $2.4M Coupon 5.000% Call features
    Approximate price 109.316 Credit enhancement No
  • Maturity date 05/15/2022 Principal amount $2.53M Coupon 5.000% Call features
    Approximate price 111.806 Credit enhancement No
  • Maturity date 05/15/2023 Principal amount $3.73M Coupon 5.000% Call features
    Approximate price 114.258 Credit enhancement No
  • Maturity date 05/15/2024 Principal amount $11.14M Coupon 4.000% Call features
    Approximate price 110.564 Credit enhancement No
  • Maturity date 05/15/2025 Principal amount $11.58M Coupon 4.000% Call features
    Approximate price 111.259 Credit enhancement No
  • Maturity date 05/15/2026 Principal amount $11.94M Coupon 4.000% Call features
    Approximate price 111.892 Credit enhancement No
  • Maturity date 05/15/2027 Principal amount $18.73M Coupon 4.000% Call features
    Approximate price 112.466 Credit enhancement No
  • Maturity date 05/15/2028 Principal amount $20.04M Coupon 4.000% Call features
    Approximate price 112.945 Credit enhancement No
  • Maturity date 05/15/2029 Principal amount $16.55M Coupon 4.000% Call features Approximate price 111.732 Credit enhancement No
  • Maturity date 05/15/2029 Principal amount $8.88M Coupon 5.000% Call features Approximate price 120.91 Credit enhancement No
  • Maturity date 05/15/2030 Principal amount $20.18M Coupon 5.000% Call features Approximate price 120.133 Credit enhancement No
  • Maturity date 05/15/2030 Principal amount $19.11M Coupon 4.000% Call features Approximate price 110.626 Credit enhancement No
  • Maturity date 05/15/2031 Principal amount $20.25M Coupon 4.000% Call features Approximate price 109.623 Credit enhancement No
  • Maturity date 05/15/2031 Principal amount $24.35M Coupon 5.000% Call features Approximate price 119.554 Credit enhancement No
  • Maturity date 05/15/2034 Principal amount $26.76M Coupon 5.000% Call features Approximate price 117.649 Credit enhancement No
  • Maturity date 05/15/2037 Principal amount $31.22M Coupon 5.000% Call features Approximate price 116.71 Credit enhancement No
  • Maturity date 05/15/2043 Principal amount $25M Coupon 3.625% Call features
    Approximate price 99.267 Credit enhancement No
  • Maturity date 05/15/2043 Principal amount $25M Coupon 4.000% Call features Approximate price 104.167 Credit enhancement No
  • Maturity date 05/15/2048 Principal amount $50M Coupon 4.000% Call features Approximate price 103.741 Credit enhancement No
  • Maturity date 05/15/2048 Principal amount $50M Coupon 3.625% Call features
    Approximate price 98.219 Credit enhancement No