Buying the State’s bonds requires satisfying some basic requirements

1. Open a brokerage account

• Several firms are typically involved with selling the transaction so consult the “Current Offerings” page as well as the cover of the Preliminary Official Statement for negotiated transactions

2. Read the Preliminary Official Statement and learn the details of the transaction

• The Preliminary Official Statement includes details such as the minimum dollar amount required to purchase a bond, a description of the security for the offering as well as many other important details about the transaction

3. Place your order through your broker

• Contact your broker for more information including the amount you want to invest, interest rates, payment dates, and any fees or charges applicable to the transaction with your broker

Description of Retail Order Period ("ROP")
For negotiated sales, in general, the State will conduct a ROP prior to offering its bonds for sale to institutional investors.

During the ROP, orders are accepted only from individual investors who place their orders through brokers (along with investment advisors, bank trust departments, money managers, and others acting on behalf of individuals).