
The Mercer County Improvement Authority, established to promote development in Mercer County, New Jersey, focuses on enhancing the region's economic vitality and infrastructure through public financing solutions. It primarily offers services related to the issuance of tax-exempt bonds to fund various projects that foster community growth and improve public facilities.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MERGEN 8.27% 2034-12-01 USDThe Mercer County Improvement Authority | United States | 2034-12-01 | 8.270 | 4.12 |
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 pivotal in financing significant community projects through bond issuances, with its first bonds issued in 1969. Notably, in 2020, the Authority issued $10 million in bonds to support local educational institutions, showcasing its commitment to enhancing public services. Current bond yields compare favorably to industry benchmarks, and their bonds feature strong credit ratings, attracting retail investors seeking stable opportunities in municipal securities.