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Baccalaureate Bond |
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Baccalaureate Bond A zero-coupon bond issued by certain states to assist families save for college tuition by means of added tax benefits. Notes: These bonds are typically issued in small denominations and are offered in several maturities, making them more convenient for investing and paying yearly college tuition fees. In some states, additional benefits like tuition discounts may be included. |
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Fitch Ratings assigns 'AA' to Oregon's State Board of Higher Education, general obligation, baccalaureate bonds, including $47,744,004. 15 Oregon State Board of Higher Education, general obligation baccalaureate bonds `AA' and affirms the `AA' rating assigned to $2. baccalaureate bonds series 1998D, 1998E, and 1998F. |
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Baccalaureate Bond
