City of Norfolk, Virginia, founded in 1682, is a historically significant city located in the southeastern region of Virginia, serving as a major port and economic hub. The city is focused on delivering essential services to its residents, promoting economic development, and enhancing quality of life through diverse community programs and infrastructure development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NOR 2.15% 2027-10-01 USDCity of Norfolk Virginia | United States | 2027-10-01 | 2.150 | 3.88 |
| NOR 2.40% 2031-10-01 USDCity of Norfolk Virginia | United States | 2031-10-01 | 2.400 | 4.15 |
| NOR 2.82% 2039-10-01 USDCity of Norfolk Virginia | United States | 2039-10-01 | 2.820 | 5.00 |
| NOR 2.92% 2045-10-01 USDCity of Norfolk Virginia | United States | 2045-10-01 | 2.920 | 5.42 |
| NOR 3.19% 2048-10-01 USDCity of Norfolk Virginia | United States | 2048-10-01 | 3.186 | 5.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Norfolk has been an active issuer of municipal bonds since the early 20th century, with significant transactions including a $50 million bond issuance in 2010 aimed at funding public infrastructure projects. The city’s current bond yields are competitive within the industry, reflecting its strong financial management. Notable features of its bonds include tax-exempt status and the ability to finance various local initiatives, including recent developments in public safety and education.