The Bay Area Toll Authority (BATA), established in 1997 and headquartered in San Francisco, California, serves to manage and operate toll facilities within the Bay Area. As a regional governmental agency, its primary purpose is to oversee toll bridge operations and collect toll revenue to finance transportation projects and improvements in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BAYTRN 2.57% 2031-04-01 USDBay Area Toll Authority | United States | 2031-04-01 | 2.574 | 3.78 |
| BAYTRN 3.13% 2055-04-01 USDBay Area Toll Authority | United States | 2055-04-01 | 3.126 | 5.49 |
| BAYTRN 6.26% 2049-04-01 USDBay Area Toll Authority | United States | 2049-04-01 | 6.263 | 5.65 |
| BAYTRN 6.91% 2050-10-01 USDBay Area Toll Authority | United States | 2050-10-01 | 6.907 | 5.71 |
| BAYTRN 6.92% 2040-04-01 USDBay Area Toll Authority | United States | 2040-04-01 | 6.918 | 4.97 |
| BAYTRN 7.04% 2050-04-01 USDBay Area Toll Authority | United States | 2050-04-01 | 7.043 | 5.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
BATA has a history of bond issuances dating back to its inception, with notable offerings including the 2011 issuance of $250 million in revenue bonds aimed at funding critical infrastructure upgrades. Recently, the agency's bonds have yielded approximately 3.5%, maintaining competitiveness within the municipal bond market. Unique features of BATA’s bonds include the ability to leverage specific toll revenues to enhance repayment security. Additionally, in 2023, BATA announced plans for a new series of bonds to support the development of sustainable transportation initiatives in alignment with regional climate goals.