The City of El Paso, Texas, founded in 1848, serves as the county seat for El Paso County and operates as a municipal corporation. Its primary purpose is to provide essential city services, foster economic development, and improve the quality of life for its residents. The city offers a range of services, including public safety, infrastructure maintenance, and recreational facilities, contributing to its position as a vibrant urban center.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ELP 5.00% 2038-08-15 USDCity of El Paso Texas | United States | 2038-08-15 | 5.000 | 5.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
El Paso has a longstanding history of bond issuance, beginning in the early 20th century to finance municipal projects. Notably, the city issued over $200 million in general obligation bonds in 2020 to fund critical infrastructure improvements, signaling robust financial health and community support. Current yields on El Paso municipal bonds are competitive within the region, with recent issues boasting attractive terms such as tax-exempt status. Recent news highlights the city's commitment to sustainable investments, reflecting a proactive approach to funding green initiatives and enhancing long-term economic resilience.