
Washington Higher Education Facilities Authority (WHEFA), established in 1967 and located in Olympia, Washington, aims to enhance access to higher education by providing low-cost financing for educational institutions. WHEFA facilitates the issuance of tax-exempt bonds, which serve as a vital funding source for construction, renovation, and expansion projects for colleges and universities across the state.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WASHGR 6.00% 2040-04-01 USDWashington Higher Education Facilities Authority | United States | 2040-04-01 | 6.000 | 5.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, WHEFA has been instrumental in financing significant educational developments, having issued over $3 billion in bonds to date, with notable bond issuances supporting projects at major institutions such as the University of Washington. The Authority has consistently delivered competitive yields compared to industry standards, with recent bond offerings reflecting a robust demand that showcases the attractiveness of educational-focused investments during fluctuating market conditions. Notably, in 2022, WHEFA issued bonds with special features that further incentivized investment by including a sustainable development component, aligning with the rising trend of green financing in the education sector.