November 4, 2013

Residents get first dibs on $25M in Vermont state bonds

The Vermont state treasury will offer Vermont Citizen Bonds in $1,000 increments.

The Associated Press

MONTPELIER, Vt. — Vermont residents will be getting the first chance to buy some of the $25 million of Vermont Citizen Bonds that are due to go on sale.

Starting on Monday, the general obligation bonds will be made available first to Vermont residents and businesses.

They are sold in $1,000 increments and must be bought through a registered broker or dealer. The bonds’ maturities range from one to 20 years.

State Treasurer Beth Pearce says the number of bonds to be sold could increase, depending on demand.

Detailed information about the bond offering is available on the website of the Vermont Treasurer.

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