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Indiana Bond Bank

Bond Bank > Tax Anticipation Warrants Tax Anticipation Warrants

Advance Funding Program

The Advance Funding Program is specifically tailored to assist local units of government throughout the State with their cash flow needs.  The Bond Bank purchases the tax anticipation warrants from each participant and in turn issues it's own obligations to the market.  Please contact Matt Zimmerman at or (317) 233-0090 for more information.

Pooled Financing Benefits Received by Each Participant

  • Interim Funds Available
  • Low all inclusive borrowing rates
  • Easy application process
  • No hidden fees or charges
  • Eliminates the need to bid financing
  • Cash flow projection assistance at no charge
  • Arbitrage Rebate assistance

The Indiana Bond Bank is now accepting applications for the 2017 Advance Funding Program.  Please see below for the materials needed to participate in the 2017 program:

2016 ALL-IN RATE 1.15%

Interest Rate History

Click here for the Bond Bank's 2016 Advance Funding Program Transcript 

Sample of Qualified Entity Transcript 

QUESTIONS? CONTACT US AT (317) 233-0888 OR (800) 535-6774, OR SEND US AN EMAIL