The City of Colorado Springs, located in Colorado, was founded in 1871 and serves as a major municipality in the state, focusing on enhancing the quality of life for its residents and visitors. The city provides essential services, infrastructure, and recreational opportunities, making it an attractive place for both living and economic development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CSPUTL 5.45% 2029-11-15 USDCity of Colorado Springs Colorado | United States | 2029-11-15 | 5.445 | 3.79 |
| CSPUTL 5.55% 2039-11-15 USDCity of Colorado Springs Colorado | United States | 2039-11-15 | 5.545 | 4.60 |
| CSPUTL 6.01% 2039-11-15 USDCity of Colorado Springs Colorado | United States | 2039-11-15 | 6.013 | 4.60 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Colorado Springs has a notable history of bond issuances, with its first bonds issued in the early 20th century to fund public infrastructure projects. Recent significant issuances include a $50 million general obligation bond in 2021 aimed at improving city facilities, with current yields averaging around 3.5%, competitive within the regional municipal bond market. Notable features of these bonds include voter approval requirements and a provision allowing for early redemption, reflecting the city's commitment to fiscal responsibility and investment in community development.