D: Hero Home

Targeted Financial Solutions for Local Government

We finance the essential needs of Indiana local government through targeted programs. We envision thriving local institutions, thriving communities, and thriving Hoosiers.

Jacob Blasdel Hired as IBB Executive Director

Talk to us

A: Text Split

About

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:

Townships
Cities and Towns
Counties
Schools
Libraries
Fire Territories
Airport Authorities
Public Universities
Public Hospitals
Public Utilities
Water/Sewer Districts
Redevelopment Districts

B: Values

Benefits

Why finance with Indiana Bond Bank?

Here are 3 reasons to chose IBB for your next project...

Committed

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

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.

Efficient

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.

L: Services

Services

How we can help

Hoosier Equipment Lease Purchase Program

Equipment Financing

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

I: Reviews Swiper

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!

Kathy Gordon Trustee Cleveland Township

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.

Ryan Daniel Mayor Columbia City, IN

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.

Rebecca Miller City of Mishawaka