The City of Pompano Beach, Florida, established in 1908, is located in Broward County and serves as a vibrant coastal community aimed at providing a high quality of life for residents and visitors alike. The city focuses on enhancing its economic vitality, quality of public services, and sustainability through urban development, tourism, and community engagement initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| POMCTF 5.58% 2040-01-01 USDCity of Pompano Beach Florida | United States | 2040-01-01 | 5.579 | 5.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Pompano Beach began issuing municipal bonds in the early 1980s to fund various infrastructure projects, including improvements to water and sewer systems, road enhancements, and public safety facilities. Recent significant issuances include a 2020 bond offering that raised $30 million for park rehabilitations and ongoing development projects, currently yielding approximately 3.25%, which is competitive within the municipal bond market. Notably, the city maintains a strong credit rating due to prudent financial management and a diverse economic base, making its bonds an attractive option for investors seeking stability and growth potential.