The Board of Education of the City of Chicago, established in 1854 and located in Chicago, Illinois, serves as the governing body for the Chicago Public Schools system, overseeing educational policies and financial management. Its mission is to provide quality education to all students in the city, ensuring equitable access and opportunity.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CHIEDU 6.52% 2040-12-01 USDBoard of Education of the City of Chicago | United States | 2040-12-01 | 6.519 | 6.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Board of Education has a notable history of bond issuances, having first issued bonds in the early 1990s to finance school construction and renovation projects. Recent significant issuances include a $700 million bond in 2021 aimed at modernizing facilities, with competitive yields currently aligned with industry standards. As of 2023, their bonds carry special features such as tax-exempt status, making them appealing to a diverse range of investors. The Board continues to attract attention in financial markets, underscoring its commitment to maintaining and enhancing educational infrastructure amid fiscal challenges.