Established in 1985, with the assistance of the Indiana General Assembly, the City of Indianapolis established the Indianapolis Local Public Improvement Bond Bank, the first municipal bond bank in the country. The Bond Bank is a municipal corporation that serves as the debt issuance and management arm of the City of Indianapolis and related “Qualified Entities.” These entities include special taxing districts, political subdivisions, and building/leasing authorities. Since its inception, the Indianapolis Local Public Improvement Bond Bank has issued nearly $13 billion in bonds and notes on behalf of various Qualified Entities of the City of Indianapolis and Marion County.The Bond Bank’s structure allows for the centralized management and supervision of all debt issued by governmental entities throughout Marion County. By coordinating all locally-issued debt, including general obligation and revenue bonds, the Bond Bank provides leadership and guidance through the capital markets and the sale of municipal bonds and other debt instruments. For example, the Bond Bank coordinates the timing of all city and Qualified Entity bond sales. The Bond Bank also maintains relationships and regular communications with representatives from the national credit rating agencies and assists with securing ratings when necessary and providing frequent updates to the agencies on the City’s economy, employment figures, major developments, and the annual budget and audit process. The Bond Bank actively monitors local and national bond markets, as well as financial and economic trends that impact bond issuance structures, timing, and interest rates.
View Top Employees from The Indianapolis Local Public Improvement Bond BankWebsite | http://www.indianapolisbondbank.com |
Revenue | $5.1 million |
Employees | 7 (6 on RocketReach) |
Founded | 1985 |
Address | 200 E. Washington St. Suite 2342, Indianapolis, Indiana 46204, US |
Phone | (317) 327-4220 |
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Industry | Government Administration, Banking, Finance |
Competitors | Cambria Capital, LLC, Digital Offering LLC, Korea Finance Society (KFS), Westport Capital Markets, LLC |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 52 Companies, NAICS Code 522 Companies, NAICS Code 5221 Companies, NAICS Code 522110 Companies, NAICS Code 52211 Companies |
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The The Indianapolis Local Public Improvement Bond Bank annual revenue was $5.1 million in 2024.
Laurie Canatsey is the CFO of The Indianapolis Local Public Improvement Bond Bank.
6 people are employed at The Indianapolis Local Public Improvement Bond Bank.
The Indianapolis Local Public Improvement Bond Bank is based in Indianapolis, Indiana.
The NAICS codes for The Indianapolis Local Public Improvement Bond Bank are [52, 522, 5221, 522110, 52211].
The SIC codes for The Indianapolis Local Public Improvement Bond Bank are [60, 602].