Vermont Municipal Bond Bank 2018
Series 2 Bonds (Local Investment Bonds)

Vermont Municipal Bond Bank

With municipal bonds, invest in a diverse set of impactful projects: from financing a new fire truck to energy efficiency upgrades. Vermont 2018 bonds are being issued in $1,000 denominations (instead of the traditional $5000) so they are more accessible for more Vermont residents. Please review the offering documents under "Documents" tab for full details.


Issuance characteristics
  • Contains callable maturities
  • Federally tax exempt
  • General Obligation
  • Negotiated sale

Sale closed

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

This issuance has 20 maturity options, ranging from 2020 to 2043.

  • Maturity date 12/01/2020 Principal amount $1.09M Coupon 2.250% Call features
    Approximate price 101.316 Credit enhancement No
  • Maturity date 12/01/2021 Principal amount $1.51M Coupon 2.500% Call features
    Approximate price 102.209 Credit enhancement No
  • Maturity date 12/01/2022 Principal amount $1.61M Coupon 3.000% Call features
    Approximate price 104.094 Credit enhancement No
  • Maturity date 12/01/2023 Principal amount $1.62M Coupon 2.250% Call features
    Approximate price 100.79 Credit enhancement No
  • Maturity date 12/01/2024 Principal amount $1.62M Coupon 2.500% Call features
    Approximate price 101.565 Credit enhancement No
  • Maturity date 12/01/2025 Principal amount $1.62M Coupon 4.000% Call features Approximate price 110.605 Credit enhancement No
  • Maturity date 12/01/2026 Principal amount $1.64M Coupon 5.000% Call features Approximate price 116.297 Credit enhancement No
  • Maturity date 12/01/2027 Principal amount $1.62M Coupon 5.000% Call features Approximate price 115.749 Credit enhancement No
  • Maturity date 12/01/2028 Principal amount $2.19M Coupon 5.000% Call features Approximate price 115.272 Credit enhancement No
  • Maturity date 12/01/2029 Principal amount $1.56M Coupon 3.000% Call features Approximate price 98.668 Credit enhancement No
  • Maturity date 12/01/2030 Principal amount $1.56M Coupon 3.000% Call features Approximate price 98.169 Credit enhancement No
  • Maturity date 12/01/2031 Principal amount $1.55M Coupon 3.125% Call features Approximate price 99.079 Credit enhancement No
  • Maturity date 12/01/2032 Principal amount $1.5M Coupon 3.125% Call features Approximate price 98.684 Credit enhancement No
  • Maturity date 12/01/2033 Principal amount $1.5M Coupon 5.000% Call features Approximate price 114.122 Credit enhancement No
  • Maturity date 12/01/2034 Principal amount $1.51M Coupon 5.000% Call features Approximate price 113.854 Credit enhancement No
  • Maturity date 12/01/2035 Principal amount $1.52M Coupon 5.000% Call features Approximate price 113.586 Credit enhancement No
  • Maturity date 12/01/2036 Principal amount $1.54M Coupon 5.000% Call features Approximate price 113.386 Credit enhancement No
  • Maturity date 12/01/2037 Principal amount $1.55M Coupon 5.000% Call features Approximate price 111.853 Credit enhancement No
  • Maturity date 12/01/2038 Principal amount $3.11M Coupon 3.375% Call features Approximate price 99.195 Credit enhancement No
  • Maturity date 12/01/2043 Principal amount $755K Coupon 3.375% Call features Approximate price 97.906 Credit enhancement No