Buy Maryland Bonds

Welcome. Thank you for your interest in Maryland's general obligation bonds.

Maryland's general obligation bonds are widely considered to be one of the safest and most secure investments one can make. Maryland is one of a handful of states to hold the coveted AAA rating, the highest possible rating, from all three major bond rating agencies. S&P Global Ratings has rated the bonds AAA since 1961, Moody's Investors Service has assigned the bonds a rating of Aaa since 1973, and Fitch Ratings has rated the bonds AAA since 1993. The bonds are secured by the full faith and credit of the State.

Proceeds of general obligation bonds are used for a variety of public purposes and play a critical role in how Maryland finances capital projects throughout the State; however, Maryland does not use general obligation bond proceeds to close budget gaps or to fix cash flow problems. You can see what these bonds finance as you drive throughout the State and see the construction of State facilities, public schools, community colleges, hospitals, and other projects. Since 2007, Maryland has used more than 60% of the proceeds of its general obligation bonds to finance the construction of public schools and higher education facilities in the State. .

From time to time, the State of Maryland offers Maryland residents first priority to purchase general obligation bonds through a retail sale. The Stateís most recent retail sale was in 2014. If you would like to be notified when the State decides to conduct its next retail sale, email your name, zip code, phone number, and email address to

Thank you again for your interest in Maryland's general obligation bonds. To learn more, see the following links with additional information.

  New: Covid-19 Updates.

  Division of Debt Management Homepage.

  State of Marylandís EMMA Page.

  Capital Debt Affordability Committee (CDAC) Reports.

  Commission on State Debt Reports.

  Anticipated Debt Reports.

  Debt Management Policy.

  Rating Agency Reports.

  Official Statements - Maryland General Obligation Bonds.

  State of Maryland Bond Sale Calendar.