
The Massachusetts State College Building Authority (MSCBA) was established in 1963 and is located in Massachusetts, with a mission to finance and facilitate the development of educational facilities for the state’s public colleges and universities. The MSCBA primarily issues tax-exempt bonds to fund capital projects, thereby contributing to the enhancement of the state's higher education infrastructure.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MASHGR 5.83% 2030-05-01 USDMassachusetts State College Building Authority | United States | 2030-05-01 | 5.832 | 4.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The MSCBA has been a significant player in the bond market since its inception, issuing its first bonds in 1965 to support construction projects. Notably, in recent years, the Authority has issued bonds at competitive yields compared to the industry, particularly during its 2021 issuance that funded several high-priority projects, reflecting its ongoing commitment to improving educational facilities. The bonds often come with special features, including multi-year maturity schedules, which make them attractive to investors seeking stable long-term returns.