Oregon Public Broadcasting

Oregon Treasurer Ben Westlund is trying to sell Oregonians on the idea of purchasing state bonds as an investment.

The state is gearing up to sell a billion dollars worth of bonds this spring.  The money will pay for new buildings and highway improvements.

Some of the cash will also pay for the deferred maintenance projects approved by the Legislature this week as a way to put a dent in the state’s unemployment rate.  

Westlund says bonds give Oregonians a tax-free way to invest in their own state:

Ben Westlund: “If you’re in the credit markets and that’s an investment vehicle that you’re looking at, buy Oregon.  Buy Oregon first.”

Westlund was speaking from New York where he’s attending a meeting with other state treasurers.

Not everyone will be able to afford an Oregon bond.  The minimum purchase is $5000.

The treasurer’s office has created a special website to detail upcoming bond sales.

Online:

Information About Oregon Bonds