City of Phoenix, founded in 1881 and located in Arizona, serves as the local government for one of the largest cities in the United States, focusing on providing essential services and promoting community development. The city is known for its innovative public programs, sustainable initiatives, and infrastructure development projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PHO 5.27% 2034-07-01 USDCity of Phoenix | United States | 2034-07-01 | 5.269 | 4.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The City of Phoenix has a history of bond issuance aimed at financing various development projects, with its first bond issued in the early 1900s to fund water infrastructure. Recently, the city has been active in issuing general obligation bonds, with significant offerings in 2021 aimed at funding public safety and transportation projects, boasting competitive yields that often outperform regional benchmarks. Notably, the city's bonds feature tax-exempt status, making them appealing to investors seeking stable returns.