The City of Madison, Alabama, founded in the early 19th century, is a thriving municipality located in the northern part of the state, known for its vibrant community and growth-oriented initiatives. The city provides essential services to its residents, including public safety, infrastructure, and recreational amenities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MAD 4.50% 2042-05-01 USDCity of Madison Alabama | United States | 2042-05-01 | 4.500 | 4.94 |
| MAD 4.55% 2048-05-01 USDCity of Madison Alabama | United States | 2048-05-01 | 4.550 | 5.28 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Madison has actively issued bonds since the 1990s to support municipal projects and enhance local infrastructure. Notably, in 2019, the city issued $20 million in general obligation bonds to fund new parks and recreational facilities, reflecting its commitment to community development. As of October 2023, Madison's current yield on bonds stands competitive against regional counterparts, with recent issuances featuring attractive terms such as tax-exempt status, making them appealing to investors.