Las Vegas Valley Water District (LVVWD), established in 1954 and located in Clark County, Nevada, serves as the primary water provider for the Las Vegas metropolitan area. The district's mission is to supply safe, reliable, and sustainable water resources to meet the needs of the growing community, focusing on conservation and efficient management of water resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LVVWTR 5.60% 2031-03-01 USDLas Vegas Valley Water District Nevada | United States | 2031-03-01 | 5.600 | 3.83 |
| LVVWTR 5.65% 2035-03-01 USDLas Vegas Valley Water District Nevada | United States | 2035-03-01 | 5.650 | 4.30 |
| LVVWTR 5.70% 2040-03-01 USDLas Vegas Valley Water District Nevada | United States | 2040-03-01 | 5.700 | 5.22 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The LVVWD has a history of issuing bonds to fund capital projects and infrastructure improvements, starting with its inaugural bond issuance in 1985. Notable recent issuances include a $150 million bond in 2022 aimed at upgrading pipeline systems, which currently offers yields competitive with industry standards at approximately 3.25%. The district's bonds are generally well-received, attributed to strong demand from retail investors seeking stable municipal securities. Recent news highlights LVVWD's commitment to sustainability and innovative financing mechanisms in its upcoming bond proposals.