The California Educational Facilities Authority (CEFA), established in 1970 and based in Sacramento, California, is dedicated to enhancing educational opportunities by providing financing solutions to nonprofit educational institutions. CEFA primarily offers tax-exempt bond financing that enables schools, colleges, and universities to fund capital projects and improve facilities, thereby supporting educational growth throughout the state.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CASEDU 3.69% 2037-04-01 USDCalifornia Educational Facilities Authority | United States | 2037-04-01 | 3.686 | 5.15 |
| CASEDU 3.84% 2047-04-01 USDCalifornia Educational Facilities Authority | United States | 2047-04-01 | 3.836 | 5.85 |
| CASEDU 4.51% 2036-10-01 USDCalifornia Educational Facilities Authority | United States | 2036-10-01 | 4.510 | 5.59 |
| CASEDU 4.75% 2033-04-01 USDCalifornia Educational Facilities Authority | United States | 2033-04-01 | 4.750 | 4.56 |
| CASEDU 4.84% 2048-10-01 USDCalifornia Educational Facilities Authority | United States | 2048-10-01 | 4.842 | 5.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CEFA has been actively issuing bonds since its inception, with notable issuances including over $2 billion in bonds for various educational projects since 2010. Recent data indicates that CEFA's bonds currently yield around 3.5%, which remains competitive within the municipal bond market. Noteworthy is the Authority’s commitment to environmental sustainability, with recent bonds supporting green initiatives in educational facilities, reflecting the growing trend towards sustainable practices in education finance.