
Lexington Fayette Urban County Government, located in Lexington, Kentucky, was established to serve the diverse needs of its local community through effective governance and public service. Key services offered include public safety, infrastructure maintenance, and community development initiatives aimed at enhancing the quality of life for residents.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
LEX 6.00% 2029-02-01 USDLexington Fayette Urban County Government Kentuky | United States | 2029-02-01 | 6.000 | 3.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The issuer has a significant history of bond issuances, having first issued bonds in 1981 to fund various infrastructure projects within the urban county. In recent years, notable issuances include the $30 million bond series in 2020 aimed at improving public services, with current yields around 3.5%, comparable to industry averages. Additionally, the government offers general obligation bonds that have a strong credit rating, reflecting fiscal stability and prudent financial management, making them an attractive investment option for retail investors.