Bonds: How To Buy Illinois

To buy Illinois bonds, you generally have three paths: purchasing through a broker, investing in diversified funds (ETFs or Mutual Funds), or participating in new issuances directly from the state or local governments.

Because Illinois state and municipal bonds offer unique tax advantages—typically being exempt from federal income tax and sometimes state taxes for Illinois residents—they are a popular choice for stable income. 1. Buying Through a Brokerage how to buy illinois bonds

: Use your broker's search tools (like the Charles Schwab Fixed Income Table or Fidelity's Bond Screener) to filter for "Illinois" and "Municipal" bonds. To buy Illinois bonds, you generally have three

: Sometimes municipalities offer bonds directly to residents. You can monitor the Illinois Capital Markets site for official state bond notices and underwriters. To buy Illinois bonds