The Latest

Treasurer Lockyer, Controller Chiang Urge Governor and Legislature to Avoid Imminent Cash Crisis

"It’s true the measures before the Legislature do not solve the entire problem. But they do solve our most urgent problem. Failure to act will expose taxpayers to substantial, long-term damage."

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Sale of $20 Million in Clean Renewable Energy Bonds Will Let Caltrans Complete Statewide Solar Project

"This project is a great example of how to use innovative financing to green state government, make it more cost-effective for taxpayers, and bolster businesses and jobs in a vital sector of our economy," said Treasurer Lockyer. "In just a short time, taxpayers will make a return on their investment and over the long-term they’ll save themselves millions of dollars in energy costs."

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California landscapes and people, including poppies and the Golden Gate bridge

Investing in California

Californians face great challenges as we work together to make our state a great place to live and build the future we want to provide for the generations to come after us. By purchasing California bonds, you can invest in quality schools, safer communities, affordable housing and improved transportation systems. You can help build parks and libraries, and preserve our natural resources.

To learn more about California bonds and how to purchase them, visit Buy California Bonds.

Redeeming 'IOUs', The Basics

Calendar of Events

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Events scheduled for 7/4/2009:

There are currently no events scheduled for this date.

 

Fiscal Affairs

  • State Budget
  • Infrastructure
  • Economy

 

Bond Finance Update

Latest information on state general obligation bonds approved by voters.

  • Sold/Not Yet Repaid:
    $69.4 billion
  • Approved/Not Yet Sold:
    $55.0 billion
  • New Sold in 2009:
    $13.9 billion

Ratings

Fitch: A-
Moody's: A2
Standard & Poor's: A