The St. Johns County Industrial Development Authority (SJIDA) was established to foster economic growth and development in St. Johns County, Florida. It focuses on issuing bonds and providing financial tools to support businesses and infrastructure projects, thus enhancing the economic landscape of the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| STJMED 5.00% 2047-08-15 USDSt. Johns County Industrial Development Authority | United States | 2047-08-15 | 5.000 | 4.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the SJIDA has been a pivotal issuer of tax-exempt bonds, with its first issuance occurring in the early 1990s. Noteworthy bond issues include the $15 million in revenue bonds for local industrial expansion in 2015, which featured attractive yields competing favorably against industry standards. As of 2023, the SJIDA offers bonds with unique provisions such as tax incentives aimed at attracting new businesses, reflecting its commitment to stimulating local economic growth amidst a dynamic financial environment.