The City of Syracuse Industrial Development Agency (IDA), established in 1969 and located in Syracuse, New York, aims to promote economic development within the city. The agency provides a range of services, including tax exemption incentives, bond financing, and assistance in real estate development projects to stimulate business growth and job creation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SYRDEV 5.00% 2036-01-01 USDCity of Syracuse Industrial Development Agency | United States | 2036-01-01 | 5.000 | 8.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the IDA has issued various bonds to finance projects and support local economic initiatives, with significant bond issuances dating back to 1986. In recent years, the agency issued approximately $25 million in bonds for a major retail development, offering competitive yields compared to industry standards. These bonds often include features such as tax-exempt status, making them attractive to investors seeking steady returns in the municipal bond market.