
The Maryland Health and Higher Educational Facilities Authority (MHHEFA), established in 1970 and based in Baltimore, Maryland, serves a critical role in financing health and educational facilities across the state. The Authority primarily offers tax-exempt bond financing for hospitals, universities, and other non-profit entities, aiding them in securing necessary capital for expansion and improvement projects.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MDSMED 3.05% 2040-07-01 USDMaryland Health and Higher Educational Facilities Authority | United States | 2040-07-01 | 3.052 | 5.37 |
MDSMED 3.20% 2050-07-01 USDMaryland Health and Higher Educational Facilities Authority | United States | 2050-07-01 | 3.197 | 5.80 |
MDSMED 4.17% 2048-07-01 USDMaryland Health and Higher Educational Facilities Authority | United States | 2048-07-01 | 4.165 | 5.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, MHHEFA has issued over $10 billion in bonds, playing a significant role in funding critical infrastructure. Notably, in 2022, it completed a $500 million issuance aimed at upgrading healthcare facilities in the Maryland region, reflecting an increasing demand for robust healthcare services post-pandemic. Current yields on MHHEFA bonds are competitive compared to industry standards, providing investors with attractive options supported by the Authority's strong credit ratings and consistent payment track record.