The State of Michigan, founded in 1837, is located in the Great Lakes region of the United States. It serves as a governmental body dedicated to providing essential services and infrastructure to its residents and businesses. Key areas of focus include education, transportation, public safety, and economic development initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MIS 3.59% 2026-12-01 USDState of Michigan | United States | 2026-12-01 | 3.590 | 3.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Michigan has a long history of bond issuances, having first issued general obligation bonds in the late 1800s to fund infrastructure projects. Noteworthy issuances include the 2000 series bonds dedicated to highway improvements and recent bonds aimed at supporting environmental projects. Currently, Michigan's bond yields are competitive within the industry, reflecting the state’s robust fiscal management and credit quality. Special features of its bonds include tax-exempt status and the state's commitment to transparency in its financial operations, contributing to high investor confidence.