VMBB Investors

Welcome to the Vermont Municipal Bond Bank’s (“VMBB”)  investor relations page.   We are committed to providing timely and useful information to current and potential investors. Here we provide you with recent and historical information about the VMBB. You can also obtain a variety of investor materials and information.

For announcements on upcoming bond issues, please click here.


VMBB Debt Policy


The VMBB’s Board of Directors has adopted a policy that governs the issuance and management of VMBB debt.  By clicking here, you will be able to view VMBB’s Debt Issuance and Debt Management Policy


Annual Reports


To access the VMBB’s Annual Reports, click on the following link, Annual Reports.


Audited Financial Statements


To access the VMBB’s audited financial statements, click on the following link, Audited Financial Statements.

  • Bond and General Fund Auditor:  Mudgett, Jennett & Krogh-Wisner, PC


To enter the investors’ section of the website, read the following Disclaimer and click on the AGREE button.



You must read the following information before accessing and using this portion of the website. Under no circumstances shall the information on this website constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Offers to purchase securities may be made only through a registered broker-dealer and through an Official Statement.

The information contained on this website has been included for general informational purposes only. The information set forth is limited in scope and does not contain all material information concerning the VMBB’s bonds necessary to make an informed investment decision. No person should make an investment decision in reliance on the information contained herein.

The materials contained in this portion of the website speak only as of their respective dates. Readers are cautioned not to assume that any information has been updated beyond such dates unless a document expressly states that it constitutes an update of a specific portion of a document. The VMBB expressly disclaims any duty to provide an update of any document contained in this section. Any Preliminary Official Statement or Official Statement relating to bonds included on this website is provided only as a matter of convenience. For investment advice on bonds, please contact your investment advisor. No statement found on this website is incorporated by reference in any Preliminary Official Statement or Official Statement for the bonds and no statement on this website is part of any Preliminary Official Statement or Official Statement.

Certain financial information and operating data, as well as information regarding certain material developments with respect to the VMBB and its bonds, may be filed with the Municipal Securities Rulemaking Board Electronic Municipal Market Access (EMMA).

The documents contained in this section may make “forward looking statements” by using forward-looking words such as “may”, “will”, “should”, “expects”, “believes”, “anticipates”, “estimates”, or others. You are cautioned that forward-looking statements are subject to a variety of uncertainties that could cause actual results to differ from the projected results. Those risks and uncertainties include general economic and business conditions, receipt of funding grants, and various other factors that are beyond our control. Because we cannot predict all factors that may affect future decisions, actions, events, or financial circumstances, what actually happens may be different from what we include in forward-looking statements.

By clicking “Agree” below, and continuing through this section, you acknowledge your review and understanding of the warnings above.