I'm hearing a lot of ads on the radio for "Buy California Bonds"http://www.buycaliforniabonds.com/
I'm wondering if anyone here has any experience buying these. How easy or difficult was the process?
I'm also having a hard time understanding the interest rate, yield and duration of the bond. How do I find that? There is some info here, but I don't quite understand it completely --http://www.buycaliforniabonds.com/bcb/rop.asp
I'm looking to move some of my "house down payment" fund into short term tax free bonds. Hence the interest.