
The City of Pomona, located in Southern California, was founded in 1888 and serves as a vibrant hub for its diverse community. The city's government focuses on providing essential services, infrastructure development, and community enhancement programs that foster economic growth and sustainability.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
POMGEN 4.05% 2047-05-01 USDCity of Pomona | United States | 2047-05-01 | 4.050 | 5.42 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
In recent years, the City of Pomona has been active in the bond market, with its first bond issuance dating back to the mid-1970s. The city has issued various bonds to finance key infrastructure projects, with notable issuances including a $15 million bond in 2015 to fund improvements to its public transportation system. Current yields on Pomona's bonds are competitive within the industry, reflecting the city's strong credit rating and commitment to fiscal responsibility. Additionally, the city's general obligation bonds feature unique tax-exempt benefits that appeal to retail investors looking for stable investment opportunities.