The Alabama Economic Settlement Authority, established in Alabama, serves as a vital financial entity aimed at facilitating economic growth within the state. The Authority primarily focuses on issuing bonds to support infrastructure development, enhance public services, and promote regional investments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ABMGEN 3.16% 2025-09-15 USDAlabama Economic Settlement Authority | United States | 2025-09-15 | 3.163 | 252.59 |
| ABMGEN 4.26% 2032-09-15 USDAlabama Economic Settlement Authority | United States | 2032-09-15 | 4.263 | 4.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has engaged in numerous bond issuances, notably launching its first series of revenue bonds in 2010 to fund transportation projects. In recent years, the Authority issued $150 million in bonds aimed at improving educational facilities, with current yields outperforming the national average for similar municipal bonds. Noteworthy features of these bonds include tax-exempt status and enhanced liquidity options, positioning them attractively within the marketplace, especially amidst rising interest rates and increasing demand for sustainable infrastructure funding.