Spring Branch Independent School District (SBISD) was established in 1949 and is located in Houston, Texas. The district's primary purpose is to provide quality education to students in the Spring Branch area, encompassing a diverse community with a commitment to academic excellence. SBISD offers a range of educational services, including traditional K-12 education, special education programs, and various extracurricular activities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SPRSCD 5.89% 2039-02-01 USDSpring Branch Independent School District | United States | 2039-02-01 | 5.892 | 5.87 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SBISD has a history of utilizing bond issuances to fund critical infrastructure and educational enhancements. Their first bond issuance dates back to 2001, which laid the groundwork for significant expansions, including building new schools and renovating existing facilities. In recent years, the district issued bonds totaling $1.5 billion to accelerate modernization efforts, resulting in current yields that remain competitive within the education sector. Recently, SBISD's Series 2023 bonds featured an innovative structure providing added flexibility, and their ongoing initiatives are closely monitored by investors due to the district's track record of responsible fiscal management and strategic long-term planning.