Who we are
The Indiana Bond Bank is a quasi-state agency under the leadership of the Indiana Treasurer of State. Our mission is to provide targeted financial solutions to Indiana local government through programs including equipment lease-purchase, tax anticipation warrants, bond anticipation notes, design study/construction financing, fuel budget protection, and more!
Services engineered and tailored for the unique financing needs of public sector entities.
If you are an Indiana unit of government, we encourage you to explore our services to see how we might assist your community.
Who we serve
The Indiana Bond Bank serves most types of units of government in the State of Indiana, referred to as “qualified entities”. Examples of qualified entities include, but not limited to:
- Cities and Towns
- Fire Territories
- Airport Authorities
- Public Universities
- Public Hospitals
- Public Utilities
- Water/Sewer Districts
- Redevelopment Districts
Why finance with Indiana Bond Bank?
Here are 3 reasons to chose IBB for your next project...
Our team is here for you, to walk you through each step of your IBB financial solution. We know you have a lot on your plate – and you’re probably not issuing debt on a regular basis. Let our team help you.
Trusted – We’ve served as the State of Indiana’s lender for local government since 1984. With nearly 40 years of experience, we’ve been trusted to handle almost $23 billion in debt issuance.
We work to put you in the right solution to fit your financial needs. Need a simple equipment lease? Our built-in network of Statewide lenders will provide you access to competitive rates. Need long-term financing but aren't sure about the capital markets? We have capital to lend directly to you, without the cost of public issuance.
How we can help
Hoosier Equipment Lease Purchase Program
Community Funding Resource Program
Public Project Financing
Advance Funding Program
Cash Flow Financing
Fuel Budgeting Program
Budget Risk Management
Interim Loan Program
Design Study & Construction Cost Financing
In my role as township trustee, the public relies on me to balance several priorities at any given time. In 2020, the construction of a new fire station was one of many in our township. The Indiana Bond Bank team was so very helpful through the financing process, allowing me to focus on other critical pieces of managing the project. Cleveland Township was able to secure a very attractive financing deal and the customer service went above and beyond!
In Columbia City's experience the USDA-RD and IBB partnership represents public sector collaboration at its finest. Their Interim Loan Program provided an efficient, quick and affordable process to finance upgrades to an undersized sewer system. The teams at RD and IBB communicated with us every step of the way, and truly care about outcomes in Hoosier communities.
The Indiana Bond Bank’s HELP program was a simple process, we received an incredible interest rate, and it will aid in conserving our Public Safety LIT cash reserves. Due to the unforeseeable reduction in income tax in 2021 due to COVID-19 this will prove to be extremely beneficial.
A look at our calendar
Here’s what's coming up from meetings to trainings sessions and more.
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Jacob Blasdel Hired as IBB Executive Director
IBB Annual Report Fiscal Year 2022
Leaders in Public Finance: Celia Campbell - JPMorgan
FFC2022 Community Series: Indiana Bondcast
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