The California Institute of Technology (Caltech), founded in 1891 and located in Pasadena, California, is a prestigious private research university renowned for its science and engineering programs. Caltech provides cutting-edge education and research opportunities, with a prominent focus on innovation and advanced technology development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CALTEC 3.65% 2119-09-01 USDCalifornia Institute of Technology | United States | 2119-09-01 | 3.650 | 5.57 |
| CALTEC 4.32% 2045-08-01 USDCalifornia Institute of Technology | United States | 2045-08-01 | 4.321 | 5.41 |
| CALTEC 4.70% 2111-11-01 USDCalifornia Institute of Technology | United States | 2111-11-01 | 4.700 | 5.68 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Caltech has a history of bond issuances that support its significant research initiatives and campus development projects. The institute issued its first bonds in 1995 to finance its infrastructure improvements, and notable recent issuances include a $300 million bond in 2020, which aimed to enhance research facilities. Current yields on Caltech bonds are competitive within the higher education sector, and the institution has received favorable ratings due to its strong financial management. Recent news highlights Caltech's commitment to sustainability, which may influence future bond offerings tied to green initiatives.