
The Chicago Illinois Board of Education, founded in 1857 and located in Chicago, Illinois, is dedicated to overseeing the public education system within the city, serving over 300,000 students. It manages a range of educational institutions and programs, providing essential services to enhance student learning and support educational equity.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CHIEDU 6.14% 2039-12-01 USDChicago Illinois Board Education | United States | 2039-12-01 | 6.138 | 7.06 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Board has been actively issuing bonds since the early 2000s to fund school improvements and infrastructure projects, with significant issuances such as the $1 billion bond in 2020 aimed at modernizing facilities. Currently, the yields on their bonds are competitive within the municipal market, often reflecting a strong demand in educational funding, particularly following recent state legislation that supports K-12 investments. Special features include tax-exempt status, making them attractive to investors seeking secure, socially responsible opportunities in the education sector.