Municipal Debt Advisory Commission

This commission provides technical assistance to local governments and state agencies to improve the market for bond issues in Oregon. It produces the Oregon Bond Calendar, the Oregon Bond Index, and the Oregon Bond Manual.

Per state law (ORS 287A.640), public bodies shall give prior notice of proposed issuance of new bonds to the Oregon Municipal Debt Advisory Commission (MDAC). Completing the MDAC Forms ensures compliance with state law ORS 287A.640.

Debt Tracking
Agreement for Exchange of Interest Rates
- MDAC OAR 170-060-1010 – Terms, Conditions, and Reporting Requirements for an Agreement for Exchange of Interest Rates
- Sample Interest Rate SWAP Policies
- MDAC Form 3 - Reporting of Agreement for
  the Exchange of Interest Rates
The Oregon Bond Calendar is a schedule of all upcoming state and local bond sales. Its purpose is to enable state agencies and local governments to minimize scheduling conflicts that may impact the marketability of their issues. The calendar contains information regarding bond sales, bond indices, bond election information, and selected bond calls and redemptions.
The Oregon Bond Education Center is intended to assist Oregon local governments with the process of issuing and managing debt. It is based on federal law, Oregon Revised Statutes (ORS), the Oregon Constitution, MDAC Administrative Rules, and current practices in the State. Information has been generalized for any issuing district with the term “municipality” to include any local government unit.
The Oregon Bond Index charts Oregon municipal bond interest rates.
Overlapping Debt Report Request Form is a tool used in determining a district's overall debt burden. It includes its own debt and the responsible portion of debt of other overlapping governmental units.