diff --git a/README.md b/README.md
index 17e026b..025d557 100644
--- a/README.md
+++ b/README.md
@@ -214,6 +214,38 @@ BluetoothAdapter.STATE_CONNECTED
 BluetoothAdapter.STATE_DISCONNECTING
 ```
 
+##### Observing device bond state
+
+To observe the bond state of devices, you can receive the `BondStateEvent` which provides the state, previous state, and `BluetoothDevice`.
+
+```java
+rxBluetooth.observeBondState()
+      .observeOn(AndroidSchedulers.mainThread())
+      .subscribeOn(Schedulers.computation())
+      .subscribe(new Action1<BondStateEvent>() {
+        @Override public void call(BondStateEvent event) {
+          switch (event.getState()) {
+            case BluetoothDevice.BOND_NONE:
+                // device unbonded
+                break;
+            case BluetoothDevice.BOND_BONDING:
+                // device bonding
+                break;
+            case BluetoothDevice.BOND_BONDED:
+                // device bonded
+                break;
+          }
+        }
+      });
+```
+
+Possible states are:
+```java
+BluetoothDevice.BOND_NONE
+BluetoothDevice.BOND_BONDING
+BluetoothDevice.BOND_BONDED
+```
+
 #### Read and Write with BluetoothSocket
 After creating a connection to the device, you can use `BluetoothConnection` class to read and write with its socket.
 
diff --git a/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/BondStateEvent.java b/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/BondStateEvent.java
new file mode 100644
index 0000000..b22f9a4
--- /dev/null
+++ b/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/BondStateEvent.java
@@ -0,0 +1,79 @@
+/*
+ * Copyright (C) 2015 Ivan Baranov
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ * http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS,
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+ package com.github.ivbaranov.rxbluetooth;
+
+import android.bluetooth.BluetoothDevice;
+
+/**
+ * Event container class.  Contains bond state (whether the device is unbonded, bonding, or bonded),
+ * previous bond state, and {@link BluetoothDevice}.
+ *
+ * Possible state values are:
+ * {@link BluetoothDevice#BOND_NONE},
+ * {@link BluetoothDevice#BOND_BONDING},
+ * {@link BluetoothDevice#BOND_BONDED}
+ */
+public class BondStateEvent {
+
+  private int mState;
+  private int mPreviousState;
+  private BluetoothDevice mBluetoothDevice;
+
+  public BondStateEvent(int state, int previousState, BluetoothDevice bluetoothDevice) {
+    mState = state;
+    mPreviousState = previousState;
+    mBluetoothDevice = bluetoothDevice;
+  }
+
+  public int getState() {
+    return mState;
+  }
+
+  public int getPreviousState() {
+    return mState;
+  }
+
+  public BluetoothDevice getBluetoothDevice() {
+    return mBluetoothDevice;
+  }
+
+  @Override public boolean equals(Object o) {
+    if (this == o) return true;
+    if (o == null || getClass() != o.getClass()) return false;
+
+    BondStateEvent that = (BondStateEvent) o;
+
+    if (mState != that.mState) return false;
+    if (mPreviousState != that.mPreviousState) return false;
+    return !(mBluetoothDevice != null ? !mBluetoothDevice.equals(that.mBluetoothDevice)
+        : that.mBluetoothDevice != null);
+  }
+
+  @Override public int hashCode() {
+    int result = mState;
+    result = 31 * result + mPreviousState;
+    result = 31 * result + (mBluetoothDevice != null ? mBluetoothDevice.hashCode() : 0);
+    return result;
+  }
+
+  @Override public String toString() {
+    return "BondStateEvent{" +
+        "mState=" + mState +
+        ", mPreviousState=" + mPreviousState +
+        ", mBluetoothDevice=" + mBluetoothDevice +
+        '}';
+  }
+}
diff --git a/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/RxBluetooth.java b/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/RxBluetooth.java
index 98f88b8..7193331 100644
--- a/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/RxBluetooth.java
+++ b/rxbluetooth/src/main/java/com/github/ivbaranov/rxbluetooth/RxBluetooth.java
@@ -390,6 +390,44 @@ public Observable<ConnectionStateEvent> observeConnectionState() {
     });
   }
 
+  /**
+   * Observes bond state of devices.
+   *
+   * @return RxJava Observable with {@link BondStateEvent}
+   */
+  public Observable<BondStateEvent> observeBondState() {
+    final IntentFilter filter = new IntentFilter();
+    filter.addAction(BluetoothDevice.ACTION_BOND_STATE_CHANGED);
+
+    return Observable.defer(new Func0<Observable<BondStateEvent>>() {
+      @Override public Observable<BondStateEvent> call() {
+
+        return Observable.create(new Observable.OnSubscribe<BondStateEvent>() {
+
+          @Override public void call(final Subscriber<? super BondStateEvent> subscriber) {
+            final BroadcastReceiver receiver = new BroadcastReceiver() {
+              @Override public void onReceive(Context context, Intent intent) {
+                int state = intent.getIntExtra(BluetoothDevice.EXTRA_BOND_STATE, BluetoothDevice.BOND_NONE);
+                int previousState = intent.getIntExtra(BluetoothDevice.EXTRA_PREVIOUS_BOND_STATE, BluetoothDevice.BOND_NONE);
+                BluetoothDevice device = intent.getParcelableExtra(BluetoothDevice.EXTRA_DEVICE);
+
+                subscriber.onNext(new BondStateEvent(state, previousState, device));
+              }
+            };
+
+            context.registerReceiver(receiver, filter);
+
+            subscriber.add(unsubscribeInUiThread(new Action0() {
+              @Override public void call() {
+                context.unregisterReceiver(receiver);
+              }
+            }));
+          }
+        });
+      }
+    });
+  }
+
   /**
    * Opens {@link BluetoothServerSocket}, listens for a single connection request, releases socket
    * and returns a connected {@link BluetoothSocket} on successful connection. Notifies observers