Buying Oregon Bonds: Step-by-Step
The State provides individual investors the opportunity to place orders to buy bonds before other investors. Here is the step-by-step process.
Step 1 - Have a brokerage account
You must have an account with one of the brokerage firms participating in the bond sale. (If you have a brokerage account, go to Step 2.) Bonds cannot be purchased directly from the State. If you do not have an account at one of the participating firms, you may open one and purchase bonds during the early order period. To see a list of participating brokers, click on the Calendar of Oregon Bond Sales.
Investors are encouraged to begin the New Account process well in advance of the sale. Depending on the brokerage, internal new account procedures may take some time to process.
Each firm has its own requirements for opening an account. The State does not endorse any particular brokerage firm. Additionally, the State does not guarantee that any one of these firms will open an account for an investor.
Step 2 - Learn about the bonds
Read the Preliminary Official Statement to learn about the bonds, including their security, maturity dates, the types of projects they finance and other information you may find important to help you make an informed investment decision. This website is not an offer to sell any bonds.
Find out the credit ratings Oregon bonds have received.
Review the Calendar of Oregon Bond Sales.
Step 3 - Place your order
Contact the broker with whom you have an account, either online or by phone, to get more information about how to buy bonds during the early order period.
Step 4 - Final Official Statement
Upon purchase of a bond, it is recommended that you obtain a final official statement. Official statements are available for 30 days on the Treasurer’s web site: http://www.ost.state.or.us/OfficialStatements.