
County of Riverside, founded in the early 19th century and located in California, serves as the governing body for the region, focusing on enhancing the quality of life for its residents. The county offers a range of services, including public safety, health services, and infrastructure development, aimed at fostering community growth and sustainability.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RIV 3.82% 2038-02-15 USDCounty Of Riverside | United States | 2038-02-15 | 3.818 | 4.96 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The County of Riverside began issuing bonds in the mid-20th century, primarily to fund infrastructure projects and essential public services. Notable issuances include the 2017 sale of $150 million in general obligation bonds, aimed at school improvements, which garnered significant investor interest due to a competitive yield compared to industry standards. The county’s commitment to maintaining high credit ratings enhances the attractiveness of its bonds, with current yields appealing to retail investors looking for stable income.