The City of Wilkes-Barre, located in Luzerne County, Pennsylvania, was founded in 1806 and serves as a vibrant urban hub in the region. Its purpose is to foster community development and enhance the quality of life for its residents through efficient governance and public services. Key offerings include public safety, infrastructure maintenance, and economic development initiatives aimed at bolstering local businesses and attracting new investments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WIL 4.96% 2032-11-15 USDCity of Wilkes-Barre Luzerne County Pennsylvania | United States | 2032-11-15 | 4.959 | 4.73 |
| WIL 5.29% 2038-11-15 USDCity of Wilkes-Barre Luzerne County Pennsylvania | United States | 2038-11-15 | 5.285 | 5.28 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wilkes-Barre began issuing municipal bonds in the early 20th century to fund public works projects essential for urban growth. Notable recent issuances include a $5 million bond issued in 2021 to support infrastructure improvements, which featured a competitive yield of 2.5%, above the industry average of 2.3%. The city's strategic bond management has consistently allowed it to finance essential projects while maintaining investor confidence, making it a reliable option for retail investors seeking stable municipal investment opportunities.