
The Virginia College Building Authority (VCBA) was established in 1966 and is headquartered in Richmond, Virginia, with the purpose of financing and developing educational facilities within the state. VCBA is primarily focused on issuing tax-exempt bonds to support public higher education institutions and improve educational infrastructure across Virginia.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
VACHGR 2.72% 2025-02-01 USDVirginia College Building Authority | United States | 2025-02-01 | 2.720 | 2.70 |
VACHGR 2.80% 2026-02-01 USDVirginia College Building Authority | United States | 2026-02-01 | 2.800 | 4.16 |
VACHGR 2.90% 2027-02-01 USDVirginia College Building Authority | United States | 2027-02-01 | 2.900 | 3.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, VCBA has been a significant player in the municipal bond market, initially issuing bonds in 1970 to fund construction projects for Virginia's public colleges and universities. Notable issuances include a substantial series in 2019 aimed at funding critical upgrades and new constructions, currently recognized for offering competitive yields compared to other educational sector bonds. VCBA bonds typically come with various features, including tax-exempt interest and flexible repayment options, making them attractive to retail investors looking for stable and reliable investment avenues.