The Office of the State Treasurer operates under the government of the state of Oregon. The office manages the investment of state funds, issues bonds, serves as the central bank for state agencies and administers the Oregon 529 College Savings Network. It maintains a debt management division that provides central coordination of state-issued debt and monitors local and national bond markets, as well as financial and economic trends that impact bond issuance structures and interest rates. The Office of the State Treasurer operates a finance division that assists bondholders by providing information on state bond redemption. The division acts as a liaison between debt-issuing state agencies, bondholders, and the states fiscal and co-pay agents. In addition, the office operates executive, information services and investment divisions. It maintains a location in Salem, Ore.