Next Bond Sale
$1,475,000,000*
State of Connecticut
General Obligation Bonds
The State intends to sell $1,475,000,000 of General Obligation Bonds as follows:
$800,000,000* Tax-Exempt General Obligation Bonds (2026 Series C)
$241,960,000* Tax-Exempt General Obligation Refunding Bonds (2026 Series D)
$133,040,000* Tax-Exempt General Obligation Refunding Bonds (2026 Series E) (Forward Delivery)
$300,000,000* Taxable General Obligation Bonds (2026 Series B)
Considerations
Before you buy any bonds, you should read the related Preliminary and final Official Statement, which will contain all available information about the bonds.
See the Preliminary Official Statement for further and detailed information regarding the tax status of the bonds. Before deciding to purchase any bonds, investors should consult their tax advisors to determine the applicable federal, state and local tax consequences of owning any bonds.
Schedule*
Expected Retail Pricing: | Tuesday, October 6, 2026 |
Expected Institutional Pricing: | Wednesday, October 7, 2026 |
Expected Delivery Date: | Wednesday, October 28, 2026 |
Expected Forward Delivery Date: | Wednesday, January 20, 2027 |
Transaction Overview
Par Amount:* | 2026 Series C (Tax-Exempt): $800,000,000 |
Bond Program: | General Obligation Bonds |
Expected Structure:* | 2026 Series C (Tax-Exempt): Serial Maturities 2027 to 2046 |
Bond Insurance: | None |
Principal Payment Dates:* | 2026 Series C (Tax-Exempt): October 15th |
Interest Payment Dates:* | 2026 Series C (Tax-Exempt): April 15th and October 15th Beginning on April 15, 2027 |
Optional Redemption:* | 2026 Series C (Tax-Exempt): October 15, 2035 100% |
Expected Tax Status: | Interest on the 2026 Series C Bonds, 2026 Series D Refunding Bonds and 2026 Series E Forward Delivery Bonds is excludable from gross income for federal income tax purposes and is excludable from Connecticut taxable income. Interest on the Taxable 2026 Series B Bonds is includable in gross income for federal income tax purposes and is excludable from Connecticut taxable income. |
Ratings: | Moody’s: Aa2 (Stable) |
Official Statement: | Preliminary Official Statement (PDF) |
Presentation: | Investor Presentation (PDF) |
*Preliminary, subject to change.
More Information
To purchase State of Connecticut General Obligation Bonds, 2026 Series C (Tax-Exempt), Series D (Refunding), Series E (Forward Delivery) and Series B (Taxable), and for a more complete description of the bonds, contact an investment professional at any of the firms listed below.
For Investment advice, please contact your investment advisor.
No assurance can be provided that a firm will be in the syndicate of the winning bidder. If you are interested in purchasing a bond, you are advised to contact your brokerage firm well in advance to confirm their participation as a bidder, and for information on how to purchase bonds through the firm.
For more information on the State of Connecticut bonds, please submit a request for information on our Contact Page.
Academy Securities
American Veterans Group, PBC
AmeriVet Securities, Inc.
Backstrom
BAIRD
Bancroft Capital, LLC
Barclays
Blaylock Van, LLC
BofA Securities
Cabrera Capital Markets LLC
Drexel Hamilton, LLC
FHN Financial Capital Markets
Fidelity Capital Markets
Goldman Sachs & Co. LLC
Huntington Capital Markets
Jefferies
J.P. Morgan
Loop Capital Markets
Mesirow Financial, Inc.
Mischler Financial Group, Inc.
Morgan Stanley
Multi-Bank Securities, Inc.
NW Capital Markets
Oppenheimer & Co.
Piper Sandler & Co.
PNC Capital Markets LLC
Ramirez & Co., Inc.
Raymond James
RBC Capital Markets
Rice Financial Products Company
Roberts & Ryan, Inc.
Rockfleet Financial Services, Inc.
Roosevelt & Cross Incorporated
San Blas Securities, LLC
Security Capital Brokerage, Inc.
Siebert Williams Shank & Co., LLC
Stern Brothers & Co.
Stifel
TD Financial Products
UMB Bank, N.A.
Wells Fargo Securities