The State of Washington (the "State") is expected to come to market with $497.8 million1 in Various Purpose General Obligation Bonds, Series 2016A-2. The Series 2016A-2 Bonds are "Green Bonds" that will be used to fund all portions of certain environmentally beneficial programs. The bonds are general obligations of the state, and the full faith, credit and taxing power of the state are pledged irrevocable to the payment of the bonds.
The bonds are rated Aa1 by Moody's and AA+ by S&P.2
The bond sale offers attractive benefits for individual investors, including federal-level tax-exemption on bond coupon payments, prices and yields that match those available to institutional investors, and the potential for stable income.
How to place an order
The offering is expected to price the week of September 281, although market conditions and/or the discretion of the issuer may alter the anticipated timeline or the amount of bonds offered. Individual investors can place orders onlineLog In Required or by calling a Fidelity representative at 800-460-5848. To stay up-to-date on pricing, credit rating changes, and more, please sign up for Fidelity alerts or visit our municipal bond new issue offerings page.