New Mexico Hospital Equipment Loan Council, founded in New Mexico, aims to enhance healthcare accessibility by providing necessary financial support to healthcare facilities across the state. The Council primarily offers loans for acquiring essential medical equipment, benefiting both urban and rural healthcare providers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NMSMED 4.41% 2046-08-01 USDNew Mexico Hospital Equipment Loan Council | United States | 2046-08-01 | 4.406 | 5.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Council has a notable history of bond issuances, beginning its lending operations in 1993 with the launch of its first bond offering to finance healthcare projects. Recent significant issuances include a $10 million bond in 2021, aimed at upgrading medical technologies in various facilities, which currently yields around 3.5%, comparable to industry averages. The Council’s bonds are characterized by tax-exempt features, making them an attractive option for investors seeking stable income streams in a healthcare-centric investment landscape.