The Municipal Building Authority of Salt Lake County, Utah, was established to facilitate the financing of public infrastructure projects within the county. This authority primarily issues bonds to fund the construction and renovation of essential civic facilities, thereby supporting the community's growth and development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SLKFAC 5.82% 2029-12-01 USDMunicipal Building Authority of Salt Lake County Utah | United States | 2029-12-01 | 5.820 | 4.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the authority has issued a variety of bonds, including revenue bonds that provide funding for projects like community centers and libraries. Notably, in 2010, the authority facilitated a significant $30 million bond issuance aimed at upgrading public safety facilities. Currently, the yields on these bonds are competitive within the municipal bond market, offering investors a stable opportunity amidst fluctuating interest rates. Recently, the authority has announced plans for future issuances to support ongoing infrastructure needs, which will be closely monitored by retail investors for potential benefits.