
Sacramento Public Financing Authority, founded in Sacramento, California, serves the purpose of providing necessary financing for public projects within the region. As a joint powers authority, it collaborates with local government agencies to facilitate access to capital through various financing instruments.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SCRFIN 5.64% 2050-04-01 USDSacramento Public Financing Authority | United States | 2050-04-01 | 5.637 | 5.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has been a significant player in the municipal bond market, first issuing bonds in 1999 to support infrastructure development. Notable issuances include the 2010 refunding bonds, which provided $35 million in savings to taxpayers. Currently, the Authority's bonds offer competitive yields, with recent issues reflecting robust demand amidst a backdrop of low interest rates. The bonds also feature unique provisions, such as call options, granting flexibility to the Authority in managing its debt portfolio.