How To Buy Illinois Bonds -
: While individual bonds often require a $5,000 minimum investment, funds often allow you to start with much smaller amounts. 3. Participating in New State Issuances
: Sites like MunicipalBonds.com provide tracking for recent and upcoming Illinois bond deals. Illinois Capital Markets how to buy illinois bonds
: Sometimes municipalities offer bonds directly to residents. You can monitor the Illinois Capital Markets site for official state bond notices and underwriters. : While individual bonds often require a $5,000
If you don't want to pick individual bonds, you can buy shares in a fund that manages a basket of Illinois municipal debt. 000 minimum investment
: These provide instant diversification and professional management. Look for funds specifically labeled as "Illinois Municipal Bond Funds" to maximize state tax benefits.
: Use your broker's search tools (like the Charles Schwab Fixed Income Table or Fidelity's Bond Screener) to filter for "Illinois" and "Municipal" bonds.