Conduit issuer
California Infrastructure & Economic Development Bank
Issues for projects anywhere in its state. What fund holdings show about its bonds, and what the issuer itself publishes about fees, size limits and board meetings.
In fund portfolios
Registered funds reported $2.9B of California Infrastructure & Economic Development Bank bonds across 154 funds in the latest quarter (−$62.8M over the quarter). Filers report the issuer under 9 name variants, merged here. Holdings cover all of the issuer’s conduit bonds — housing, nonprofit and transportation as well as industrial — so they show buyer familiarity, not manufacturing volume.
$2.1B · 10 quarters ago$2.9B · latest
Fees, limits and how to apply
| Item | As published | Source |
|---|---|---|
| Official website | ibank.ca.gov | ibank.ca.gov |
| Bond programs | Conduit bonds: Industrial Development Bonds (manufacturing), Exempt Facility Bonds, 501(c)(3) Bonds, Public Agency Revenue Bonds. | ibank.ca.gov |
| Fee schedule | Fee schedule effective Feb 1, 2024. 501(c)(3): $5,000 application fee; issuance fee 20 bps (minimum $15,000) up to $10M; $20,000 + 5 bps over $10M up to $120M; $75,000 + 2.5 bps over $120M up to $500M; annual fee 1.5 bps up to $100M (min $1,500), $15,000 + 0.5 bps over $100M-$500M. Exempt facility: $5,000 application; 40 bps (min $30,000); $40,000 + 10 bps over $10M up to $120M; $150,000 + 5 bps over $120M up to $500M; annual 3 bps up to $100M (min $3,000), $30,000 + 1 bp over $100M-$500M. Over $500M negotiated. IDBs: $2,000 application fee ($500,000-$10,000,000 par); issuance fee $1,250 at $500,000, $2,500 at $1M, $12,500 at $5M, $25,000 at $10M; annual fee $500. Annual fees due September 1. CDLAC and STO agent-for-sale fees separate. | ibank.ca.gov |
| Size limits | IDBs: tax-exempt financing up to $10 million for qualified manufacturing and processing companies (IDB application fee tier covers $500,000 to $10,000,000). | ibank.ca.gov |
| Board meetings | 2026 board meetings: Feb 25, Mar 25, Apr 22, Jun 10, Jul 22, Aug 26, Sep 23, Oct 28, Nov 18, Dec 16 (Jan and May cancelled). 2027: Jan 27, Feb 24, Mar 24, Apr 28, May 19, Jun 23, Jul 28, Aug 18, Sep 22, Oct 27, Nov 17, Dec 15. (2026 dates from https://ibank.ca.gov/2026-board-meetings/) | ibank.ca.gov |
| How to apply | https://ibank.ca.gov/bonds/bond-applications-documents/ (separate 501(c)(3), exempt facility and IDB applications; submit to BondUnit@Ibank.ca.gov) | ibank.ca.gov |
Board meetings
Next published meeting: Nov 18, 2026, 19 days from this page’s build. Inducement and bond resolutions go to the board, so its calendar sets the earliest approval dates.
Other profiled issuers in California
- California Pollution Control Financing Authority — $1.0B held
- California Public Finance Authority — $997.2M held
- California Enterprise Development Authority — $525.4M held
How to choose an issuer All profiled issuers
Methodology
Holdings are positions reported by SEC-registered funds on Form N-PORT, matched to issuers and merged across name variants by Securitief; matching can be wrong. Issuer facts were read on the issuer’s own website or official documents in October 2026; nothing is inferred. Inclusion is not an endorsement or a recommendation of any issuer.
Important information. Securitief Research is published by Securitief, operated by Applied America. Securitief is not a placement agent or underwriter and does not seek or receive compensation from any financing, including financings of issuers and borrowers discussed here. It is not acting as a municipal advisor and owes no fiduciary duty to any issuer or obligated person unless separately engaged in writing.
This material is general information. It is not tax, legal, investment or municipal advice, a recommendation, or an offer to sell or a solicitation of an offer to buy any security. Offers are made only by offering documents and only where permitted by state securities laws. State allocation procedures change; confirm current rules with the allocating agency and bond counsel.
Sources: SEC Form N-PORT and FDIC call reports (holdings), IRS and Census (volume cap and population), state agency publications. Issuer classification and aggregation are Securitief’s own and may contain matching errors; figures may be revised. No licensed index levels (MMD, BVAL, ICE) or EMMA trade data are used. Past holdings do not indicate future demand, pricing or the availability of financing. Interest on private activity bonds may be subject to the alternative minimum tax; tax treatment depends on the facts and the opinion of bond counsel.