Boise (670 KBOI News) – Here’s a follow up to a story we had for you last week…it’s a chance for investors to take advantage of the upgraded bond rating Moody’s gave to the Boise School District.
Eric Harringer with investment bank Piper Jaffray says next Monday, they’ll have a one-day retail sale of Boise School District bonds.
He says this will give individual investors the first crack at the bonds, which can go for up to $250,000.
“The bonds will be serialized, which means that an investor can buy an bond that matures in one year, two years, all the way out to a 20-year maturity, in $5,000 denominations; that’s the minimum purchase amount for purchasing a bond,” said Harringer.
Harringer says if you have a broker or a financial planner already, they could probably help you set it up, but you can do that yourself by calling their number.
For more information, call Mariah Rathmanner with Piper Jaffray, at (800) 552-0614.
