City of Turin, founded in 1854 and located in northern Italy, functions as the capital of the Province of Turin, with a purpose centered around municipal governance and public service. The city provides essential services, manages urban development, and promotes cultural initiatives, aiming for sustainable growth and community well-being.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TURCTY 5.27% 2038-06-26 EURCity Of Turin | Italy | 2038-06-26 | 5.270 | 3.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The City of Turin has a notable history of bond issuance that dates back to the early 20th century, effectively utilizing these financial instruments to fund infrastructure projects and public services. Recent significant issuances include a €100 million green bond in 2021 aimed at financing environmentally sustainable initiatives, currently yielding approximately 2.5%, which aligns favorably against the industry average. The innovative structure of its bonds includes variable rate features that cater to diverse investor profiles, showcasing the city's commitment to attracting retail investors while enhancing its financial flexibility.