Why Invest in State of California Debt?

General Obligation Bonds issued by the State of California evidence a loan to the State backed by a promise to repay principal and interest from all the resources of the State not dedicated to education. This signifies a full faith and credit obligation.

What are the resources of the State of California?

• California’s economy is the largest among the 50 states, diverse, and one of the largest in the world.

• The State completed its borrowing program under the Economic Recovery Bonds authorization and pro-actively trimmed expenditures mid-year to arrive at a projected balanced budget for the fiscal year ending June 30, 2008.

• The State's pension plans are currently estimated to have funding ratios over 87%.

• California general obligation bonds are rated A1 by Moody’s, A+ by S&P, and A+ by Fitch (as of March 31, 2008).

Buying State of California Genral Obligation Bonds through Ramirez & Co.

I have an account with Ramirez & Co.
If you already have an account with us, simply call your Investment Representative and they will provide you with complete information regarding tax-free California bonds.

I would like to open an account with Ramirez & Co.
Just call us at (800) 888-4086 ext 531 and one of our Investment Representatives will be happy to assist you with the account opening process. We will gather information about you and your investment goals, and discuss how California General Obligation Bonds can help you fulfill these goals. It is a simple process and one that we have been helping investors with for over 36 years.

More Information on Municipal Bonds

For over 36 years, Ramirez & Co. has helped individuals throughout the country create comprehensive investment portfolios using tax-free municipal bonds. Call a Ramirez Investment Representative at (800) 888-4086 ext 531 to discuss the benefits of investing in municipal bonds. We will be happy to send you an information package tailored to your specific investment goals.

Investment Representatives who speak Spanish and English are available at (866) 783-6788.