The Indianapolis Local Public Improvement Bond Bank Employee Directory

Government AdministrationIndiana, United States2-10 Employees

The Indianapolis Local Public Improvement Bond Bank is a municipal corporation established in 1985 with assistance from the Indiana General Assembly. It functions as the debt issuance and management arm for the City of Indianapolis and related Qualified Entities, including special taxing districts, political subdivisions, and building/leasing authorities. Based in Indianapolis, Indiana, it is noted as the first municipal bond bank in the United States.

The Bank centralizes the oversight of all locally issued debt in Marion County, coordinating the timing of bond sales for the city and its entities. It maintains relationships with national credit rating agencies, assists with rating processes when needed, and provides ongoing updates on the economy, major developments, as well as the annual budget and audit cycle. Since its inception, it has issued nearly $13 billion in bonds and notes.

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