The City of Worcester, Massachusetts, established in 1848, serves as a prominent urban center in New England, focused on delivering essential municipal services to its residents and businesses. Notable for its diverse economy, Worcester provides a range of services including public safety, education, and infrastructure development that underpins the community's growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WOR 4.75% 2048-11-15 USDCity of Worcester Massachusetts | United States | 2048-11-15 | 4.750 | 5.73 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Worcester has been an active issuer of municipal bonds since the early 20th century, primarily to fund public projects and infrastructure enhancements. Noteworthy bond issuances include a significant series in 2008 designated for a comprehensive city revitalization plan, which fostered economic development. Current yields on Worcester's bonds are competitive within the municipal bond market, reflecting strong credit ratings attributable to prudent financial management and historical fiscal stability. Recent attention has been drawn to a green bond issuance supporting environmentally sustainable projects, evidencing the city's commitment to modern financial strategies.