The Indianapolis Local Improvement Bond Bank was formed in 1985 as a corporation specializing in the distribution of municipal bonds. As the largest municipal bond bank in the country, the Bond Bank buys, repackages, sells, and manages debt for the City and fourteen other municipal agencies, called Qualifies Entities (QEs). This process grants better access to capital markets and helps lower the cost of borrowing for QEs.
The Bond Bank tailors the debt process to meet the QE’s needs and produce the most favorable outcomes for the QE. The Bond Banks uses its established relationships to find the best legal counsel, financial advisors, underwriters, and trustee o develop the best strategy for the bond, from obtaining tax-exempt status when possible
The Bond Bank tailors the debt process to meet the QE’s needs and produce the most favorable outcomes for the QE. The Bond Banks uses its established relationships to find the best legal counsel, financial advisors, underwriters, and trustee o develop the best strategy for the bond, from obtaining tax-exempt status when possible