City of Riverside, located in California, was founded in 1883 and serves as a key city within the Inland Empire region. The city's purpose is to provide essential services and maintain a vibrant community while promoting economic growth. Key services include public safety, infrastructure maintenance, and recreational facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RIVWTR 3.86% 2045-06-01 USDCity of Riverside | United States | 2045-06-01 | 3.857 | 5.60 |
| RIVWTR 6.13% 2029-10-01 USDCity of Riverside | United States | 2029-10-01 | 6.125 | 4.75 |
| RIVWTR 6.20% 2033-10-01 USDCity of Riverside | United States | 2033-10-01 | 6.200 | 4.90 |
| RIVWTR 6.35% 2039-10-01 USDCity of Riverside | United States | 2039-10-01 | 6.349 | 5.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
In recent years, the City of Riverside has actively engaged in bond issuances to fund various public projects, including infrastructure improvements and community development initiatives. The city first began issuing bonds in the early 2000s, with significant issuances including a $40 million general obligation bond in 2018 aimed at enhancing public facilities. Current yields on Riverside's bonds are competitive within the industry, reflecting strong financial health and investor interest. Notably, the city's bonds often come with unique features such as tax-exempt status, appealing to retail investors seeking stable income options.