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Indianapolis Bond Bank issed approximately $660 million to finance the Sidney and Lois Eskenazi Hospital Indianapolis Bond Bank issued approximately $60 million to finance a portion of the JW Marriott Convention Center and Hotel

Welcome to the Indianapolis Local Public Improvement
 Bond Bank Website


The Indianapolis Bond Bank was created in 1985, pursuant to IC 5-1.4-3-1. The Indianapolis Bond Bank is governed by a five-member Board of Directors. Each Director is appointed by the Mayor of Indianapolis. The Bond Bank staff consists of the Executive Director, Deputy Director/General Counsel, Project Managers, Trust Accountant, Finance Manager, Office Manager and Executive Assistant/Human Resource Manager.

The Bond Bank serves as conduit issuer for Qualified Entities and manages outstanding debt obligations of the Qualified Entities. Moreover, the Indianapolis Bond Bank supports and manages the operations of miscellaneous City projects, including Union Station, Indianapolis Downtown Canal, Indianapolis Downtown, Inc., and various City owned parking facilities.




2009 - 2008 Financials   

2010 - 2009 Financials

2011 -2010 Financials 

2012 - 2011 Financials

2013 -2012 Financials

​​Outstanding Debt​

  Indianapolis Bond Bank Outstanding Debt



Bond Bank Guidelines


         IBB Swap and Derivative Policy




Bond Bank Post Issuance Compliance Policy   



Registered Municipal Advisor Notice  

(Effective July 1, 2014)



Other Resources



 Bond Bank Investor Update

City of Indianapolis CAFR's  

  • 2010 City of Indpls. CAFR.pdf