The Minnesota Higher Education Facilities Authority (MHEFA) was established to enhance access to higher education in the state by offering financial support for educational institutions. Located in St. Paul, MHEFA primarily operates to provide tax-exempt bond financing for construction, renovation, and equipping of higher education facilities across Minnesota.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MNSHGR 4.94% 2050-10-01 USDMinnesota Higher Education Facilities Authority | United States | 2050-10-01 | 4.937 | 7.17 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception in 1971, MHEFA has been a key player in the educational finance landscape, issuing over $2 billion in bonds to support various higher education projects. Notable issuances include substantial bonds for institutions like the University of Minnesota and private colleges, reflecting significant growth in the higher education sector. MHEFA bonds typically feature attractive yields compared to industry standards, making them an appealing option for retail investors interested in municipal bonds.