
The Massachusetts Water Pollution Abatement Trust (MWPAT) was established to support the environmental and public health goals of the Commonwealth of Massachusetts. The Trust provides financial assistance to municipalities for the development and implementation of water pollution control projects, directly addressing the state's water quality challenges.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MASWTR 5.19% 2040-08-01 USDMassachusetts Water Pollution Abatement Trust | United States | 2040-08-01 | 5.192 | 4.73 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, MWPAT has become a key player in the financing of water infrastructure, issuing bonds to fund various projects aimed at improving water quality and compliance with environmental regulations. Notable bond issuances began in 1991, with significant offerings like the $100 million series in 2017, which featured low-interest, tax-exempt rates designed to encourage local investment. Current yields remain competitive within the municipal bond market, reflecting the Trust's strong credit quality and commitment to long-term sustainability amid evolving environmental mandates.