The Metropolitan Washington Airports Authority (MWAA), established in 1985 and based in Arlington, Virginia, operates airports and related facilities in the Washington, D.C. metropolitan area. It is dedicated to providing safe, reliable, and efficient services at Ronald Reagan Washington National Airport (DCA) and Washington Dulles International Airport (IAD).
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| METAPT 4.96% 2035-10-01 USDMetropolitan Washington Airports Authority | United States | 2035-10-01 | 4.963 | 5.00 |
| METAPT 7.46% 2046-10-01 USDMetropolitan Washington Airports Authority | United States | 2046-10-01 | 7.462 | 5.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
MWAA first began issuing bonds in 1998 to finance airport infrastructure improvements, with notable bond offerings including the $1.1 billion issuance in 2016 for expansion projects at Dulles. As of late 2023, its bond yields typically range lower than the industry average, reflecting strong credit quality and investor confidence. The authority has leveraged revenue bonds with unique features, such as variable-rate options, which have attracted a diverse investor base, and news of recent refinancing efforts suggests ongoing strategic management of its debt portfolio.