
Commonwealth of Pennsylvania, established in 1681, serves as a key governance entity located in Harrisburg, Pennsylvania. It functions with the purpose of providing essential services and support to its residents while managing its financial resources responsibly. The Commonwealth offers a range of public services, including education, transportation, and healthcare, while ensuring economic development across the state.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PASCTF 5.25% 2027-04-01 USDCommonwealth of Pennsylvania | United States | 2027-04-01 | 5.250 | 6.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Commonwealth has been a consistent issuer of bonds since the 19th century, with notable bond issuances aimed at funding infrastructure projects and public welfare initiatives. Noteworthy is the issuance of the Pennsylvania Economic Development Financing Authority bonds, which fund key projects throughout the state. Currently, yields on Pennsylvania bonds are competitive within the municipal bond market, offering early redemption options that appeal to investors looking for flexibility. Recent news includes proposed issuances aimed at addressing significant infrastructure needs, reflecting the Commonwealth's commitment to maintaining and improving its public amenities.