
City and County of Honolulu, established in 1907 and located in Hawaii, serves as the local government entity responsible for municipal functions and public services in the region. The city’s primary objectives are to promote the welfare of its residents and to ensure the efficient delivery of essential services such as public safety, sanitation, and urban planning.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
HONUTL 4.41% 2035-07-01 USDCity And County Of Honolulu | United States | 2035-07-01 | 4.411 | 4.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The City and County of Honolulu has a notable history of bond issuances, with its first bond issued in 1915 to finance public improvements. In recent years, significant issuances include the 2019 $200 million general obligation bonds aimed at funding transportation and infrastructure projects, reflecting the city's ongoing investment in modernization. Currently, the yields on Honolulu's bonds are competitive within the municipal market, often attracting retail and institutional investors alike. The bonds typically feature a tax-exempt status, adding to their appeal. Recent news highlights the city's proactive approach in addressing infrastructure resilience, further supporting future bond offerings.