The City of Jackson, Tennessee, founded in the early 1820s, is a municipal corporation located in the southwestern part of the state. The city serves a vibrant community and primarily focuses on providing essential services and infrastructure to enhance the quality of life for its residents. Key services include waste management, public safety, and maintenance of city facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| JACMED 5.03% 2033-04-01 USDCity of Jackson Tennessee | United States | 2033-04-01 | 5.028 | 5.11 |
| JACMED 5.18% 2038-04-01 USDCity of Jackson Tennessee | United States | 2038-04-01 | 5.183 | 5.71 |
| JACMED 5.31% 2048-04-01 USDCity of Jackson Tennessee | United States | 2048-04-01 | 5.308 | 6.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The City of Jackson first began issuing bonds in the mid-20th century to finance various public projects, with significant issuances aimed at urban development and infrastructure improvements. Notably, in 2016, the city issued $10 million in general obligation bonds to fund a new community center, reflecting their commitment to enhancing local amenities. Current yields on Jackson's bonds are competitive with industry averages, with some special features such as tax-exempt status, which makes them attractive to investors seeking stable returns amid fluctuating market conditions.