
The County of Cumberland, North Carolina, was established in 1754 and serves as a local government entity dedicated to providing essential services and infrastructure to its residents. It offers a wide range of public services including education, public safety, health care, and transportation.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CUMOBL 6.10% 2025-11-01 USDCounty of Cumberland North Carolina | United States | 2025-11-01 | 6.100 | 5.05 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cumberland County has a history of bond issuances aimed at financing various projects, including infrastructure improvements and public facilities, with its first bonds issued in the early 2000s. Notably, the county issued $25 million in general obligation bonds in 2010 to fund school construction, currently yielding around 3.5%, which remains competitive against state averages. In 2022, Cumberland County made headlines by introducing green bonds to finance sustainable energy projects, reflecting a growing trend in environmentally responsible investments.