
The County of Cook, Illinois, founded in 1831 and located in the northeastern part of the state, serves as a key administrative region within the state of Illinois, providing essential public services to its residents. Its primary offerings include public safety, health services, infrastructure maintenance, and social services, catering to a diverse population in one of the country's largest counties.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
COO 6.23% 2034-11-15 USDCounty of Cook Illinois | United States | 2034-11-15 | 6.229 | 5.19 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cook County is known for its regular bond issuances, which began in the mid-20th century, allowing for funding of public projects and infrastructure improvements. Notably, in 2017, the county issued $250 million in General Obligation bonds to finance capital improvements, showcasing a robust fiscal strategy. Current yields on Cook County bonds are competitive within the market, often reflecting the county's solid credit ratings and efforts to maintain fiscal stability, which have garnered attention from investors looking for reliable municipal bonds with potentially strong tax-exempt features.