Bearer & Registered Bonds

Bond/Coupon Payments (Bearer Bonds and Registered Bonds)

California State bearer bonds and registered bonds can be presented for payment through the State Treasurer’s Office or The Bank of New York Mellon Trust Company, N.A. (BNY).  BNY provides fiscal agent services associated with certain State of California general obligation bonds and revenue bonds.  See instructions below on how to present bearer and registered bonds and/or interest coupons.

State of California Bearer Bonds and Registered Bonds

Before 1982, bonds were issued as bearer bonds or registered bonds.

Bonds and coupons are payable on or after their respective due dates.  Sometimes bonds are called for redemption and are due on a date prior to their maturity date (a call date).  After a bond has been called, it no longer accrues interest from and after its call date, it can be presented for payment on or after the call date and any coupon for that bond dated after the call date is no longer valid.  To check if your bond has been called, contact the State Treasurer’s Office, Investor Relations line at 1-800-900-3873.

Bonds/Coupons with Payment Date before January 1, 2007:

Bonds and coupons with payment dates before January 1, 2007, are serviced by the State Treasurer’s Office.  To obtain payment for a bond and/or coupon, contact the State Treasurer’s Office, Investor Relations line at: 1‑800‑900‑3873 or CalBONDS@treasurer.ca.gov for instructions on how to mail in bonds and/or coupons or to schedule an appointment to present bonds and/or coupons in-person for payment.

Appointment hours are: 
Monday, Wednesday, Friday (except State holidays) (9:00 am – 3:00 pm)

Bondholders presenting bonds and coupons for payment by mail must include:

• IRS form W-9 for the Payee;
• Original bonds and/or coupons; and
• A letter of instruction

Send to:          California State Treasurer’s Office
                          Bondholder Redemption Payment Request 
                          915 Capitol Mall, Room 261
                          Sacramento, CA 95814

Bondholders presenting bonds and coupons for payment in-person must bring the original bonds and/or coupons.

Bonds/Coupons with Payment Date on or after January 1, 2007:

Bonds and coupons with payment dates on or after January 1, 2007, are serviced by BNY.  To obtain payment for a bond and/or coupon, contact the BNY Bondholder Relations Department at: 1-800-254-2826 or corporate.bond.research@bnymellon.com for instructions on how to mail in bonds and/or coupons.  BNY provides mail-in service only.

BNY Bond and Coupon Redemption Address:

The Bank of New York Mellon Trust Company, N.A.
Corporate Trust Operations 
PO Box 2320
Dallas, TX 75221

Bondholders presenting bonds and coupons for payment by mail must include:

• IRS form W-9 for the Payee;
• Original bonds and coupons; and
• A letter of instruction

Additional Information

• Cities, counties, and other municipal issuers across California also sell bonds. Often the issuer will state it is located in “The State of California.”  This does not mean the bond is a bond payable from funds of the State of California. To determine whether you have a bond payable from funds of the State of California, e-mail a copy of your bond to CalBONDS@treasurer.ca.gov, and please be sure to include all pertinent contact information:  Name, address, phone number, and email address.
  • Please allow at least one business day for a response.
• All presentations for payment require a completed IRS Form W-9 for the Payee.
• The letter of instruction should include:
  • The bondholder’s stated intent to present the bond for payment
  • The bondholder’s contact information including name, address, phone number, and e-mail address
  • The name and address of the Payee
• Only original bonds and coupons are accepted for payment.  If a bond is lost or stolen, contact the State Treasurer’s Office, Investor Relations line at: 1-800-900-3873 or CalBONDS@treasurer.ca.gov.
• If presenting bonds and coupons by mail, bonds and coupons should be sent by registered mail with a return receipt.  It is suggested the bondholder acquire mailing insurance.  The State Treasurer’s Office and BNY are not responsible for bonds and coupons lost in the mail.