For questions please see: https://www.buyctbonds.gov/why-buy-ct-bonds/frequently-asked-questions/

Generally, the University of Connecticut has planned a UCONN 2000 State Debt Service Commitment Bond Issue every spring.

Step 1. Have or obtain a brokerage account.
UConn Bonds are issued by the State of Connecticut on the primary market and must be purchased through a Investment Advisor or Broker that is on the State’s qualified list. If you do not have an account at one of the participating firms, you may open one and purchase bonds or notes during the retail priority order period. Investors are encouraged to begin the new account process well in advance of the bond sale. Depending on the brokerage, internal new account procedures may take some time to process. Each firm has its own requirements for opening an account. The State does not endorse any particular brokerage firm. Additionally, the State does not guarantee that any one of these firms will open an account for an investor.

Step 2. Learn about the bonds.
Information about the State and its current and/or upcoming bond offerings may be found at www.buyctbonds.gov. Bonds are only offered through an Official Statement (OS). A Preliminary Official Statement (POS) is the pre-sale offering document for bonds that is prepared for a particular transaction or bond sale. The POS discloses security features, economic, financial, and legal information regarding the bond issue as well as any other material news that merits disclosure to the investor community. A POS contains relevant information except for that determined on the pricing date of the bond sale (interest rates, maturity amounts, etc.).An OS contains the pricing data in addition to all of the information contained in the POS. The OS is typically not finalized until after the results of the bond sale or “pricing.” As a result, the OS discloses the results of the bond sale or pricing and details the data that is determined on the pricing date of the bond sale such as interest rates and maturity structures. Before purchasing a State of Connecticut bond, you should conduct your own due diligence by reading the POS or OS for that bond issue.In addition, on the www.buyctbonds.gov, website you may submit a request to be added to the State of Connecticut Treasurer’s Office e-mail list to be notified of upcoming bond offerings.

Step 3. Place an order to buy bonds.
When the State issues new bonds, there is usually a retail priority order period for individual investors to place retail orders which is advertised to the public. Please contact your Investment Advisor or the Broker with whom you have an account for information about how to buy bonds or notes during the retail priority order period.

The retail priority order period is a one or two-day period just before the pricing date when individual investors have first priority to place their bond orders with their broker. The pricing date is the day when the coupon rates, yields and prices for each bond maturity are finalized. It is important to note that the coupon and pricing information available during the retail priority order period is preliminary and will not be final until the pricing date, which is the following business day.

When you purchase a UConn bond, your principal investment will be returned to you at maturity. Until maturity, you will receive interest payments, generally semi-annually, until the maturity date of the bond. If you purchased a tax-exempt bond, your interest payments will be exempt from federal income tax and, if you are a Connecticut resident, your interest payments will also be exempt from Connecticut state income tax

Bond ratings depend on the security features of particular bond programs. Some bonds might have different credit ratings assigned to them by the rating agencies due to credit enhancements, such as bond insurance or letters of credit; or due to escrows or reserves established to pay principal and interest on refunded issues.The credit ratings for the major State of Connecticut bonding programs may be found here. The most recent credit ratings for a particular municipal bond can be obtained from the following credit rating agencies located in New York City.

• Standard & Poor’s Global 877-772-5436
• Moodys 212-553-0300
• Fitch Investor Services 800-893-4824
• Kroll Bond Rating Agency 212-702-0707

• An interest or principal payment;
• Whether any notices have been issued to call the bonds prior to maturity;
• The registration of the bonds;
• A bond that has matured;
• A lost college savings bond certificate;
• Or similar question;

Please call U.S. Bank, Global Corporate Trust Services Attn.: Bondholder Services – EP-MN-WS2N 111 Fillmore Avenue East St. Paul, MN 55107-1402 1-800-934-6802  Customer Service Representatives are available Monday -Friday, 8:00 am. to 6:00 PM. Central Time. as they are the Paying Agent for these bonds and is best suited to answer these questions for you.

Municipal bonds and notes can be an important part of a diversified investment portfolio. Because bonds and notes typically have a predictable stream of payments of principal and interest, many people invest in them to preserve and increase their capital, or to receive dependable interest income. If you purchase a tax-exempt bond, your interest payments will be exempt from federal income tax and, if you are a Connecticut resident, your interest payments will also be exempt from Connecticut state income tax. The tax advantage individual investors receive from tax-exempt bonds will vary depending on income level and other factors. It is important to consult with your Investment Advisor or Broker before purchasing bonds.

Individuals should consult their tax advisers or the Internal Revenue Service, or other taxation agencies as to tax treatment and reporting requirements. However, generally speaking, tax-exempt income is often required to be reported for informational purposes on tax forms even if not taxed.

Most municipal bonds are issued with an early redemption feature, typically referred to as a call option. A call feature gives the issuer of the bond the right, but not the obligation, to “call” back or redeem bonds after a specific amount of time has passed from the time of issuance. If a bond is called early, principal is repaid back in full to the investor and regular interest payments cease.

Investing in any bond carries certain risks that can vary from bond issue to bond issue. For example, such risks include, but are not limited to, credit risk and market risk. To evaluate the credit risks associated with a particular bond issue, you should review the Preliminary Official Statement of the offering in its entirety and consult your Investment Advisor or Broker.

New bond issues are sold in the primary market. In a new issue, the bond terms are set, including the initial price and interest rate, and the bonds are sold to investors, with the issuer receiving the proceeds of the sale.A secondary market transaction does not involve the issuer, but is a transaction between two investors – a buyer and a seller. Secondary market transactions involve a brokerage firm which acts either as an intermediary between the buyer and seller, or as a buyer or seller itself. Market conditions, such as prevailing interest rates, supply and demand, and credit quality, among other variables, determine the price of the bonds, which may differ from the original price.

University of Connecticut bonds are issued as fully registered book entry bonds, bonds, without physical certificates or coupons to clip, in $5,000 denominations. Bond transactions are recorded in electronic computerized book entry form by the Depository Trust Company (“DTC”), a New York limited purpose trust company and member of the Federal Reserve System. DTC is also a registered clearing agency under the Securities Exchange Act of 1934, and holds securities for participants. Direct Participants include securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations. Purchase of the book entry bonds under the DTC system must be made by or through the Direct Participants who will receive a credit for the bonds on DTC’s computerized records. The Direct or Indirect Participants are in turn responsibile for keeping accurate records of their individual client’s holdings and issuing written transaction confirmations and periodic account statements to the individual clients. Under this system individual bond holders do not receive physical certificates representing their ownership of the bonds, but should receive account statements of their holdings from their securities broker.

Copies of Official Statements may be obtained, if they are still available, from your broker or by visiting http://www.munios.com/   or from  http://www.buyctbonds.com/Archived-Official-Statements.html or from https://bonds.uconn.edu/university-of-connecticut-ct/documents/downloads/i7 or by requesting one from UConn’s Office of Treasury Service 1-860-486-4429.

UConn and the State have agreed to provide certain disclosure information, including Official Statements, to Nationally Recognized Municipal Securities Information Repositories (“NRMSIR”) in accordance with the requirements of Rule 15c2-12 promulgated by the Securities and Exchange Commission (SEC),.

As of July 1, 2009, as directed by the SEC, the Municipal Securities Rulemaking Board (MSRB) has maintained a continuing disclosure service through its Electronic Municipal Market Access (EMMA) system.

The MSRB EMMA continuing disclosure service provides to the public, free of charge, electronic access to primary municipal market disclosure documents, ongoing disclosures, trade data, and other related information on the EMMA website at www.emma.msrb.org.

Information about the State and its bonds including some UConn bond issues  may be found at www.buyctbonds.com or by visiting https://bonds.uconn.edu/