Commonwealth Financing Authority (CFA) was established in 2004 and is based in Harrisburg, Pennsylvania. It serves as a critical financial entity aimed at supporting infrastructure and economic development projects within the Commonwealth of Pennsylvania. The CFA offers a range of financing options, including low-interest loans and grants, to municipalities and non-profit organizations for projects that promote public welfare and economic growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CMNGEN 3.51% 2027-06-01 USDCommonwealth Financing Authority | United States | 2027-06-01 | 3.513 | 3.79 |
| CMNGEN 3.62% 2028-06-01 USDCommonwealth Financing Authority | United States | 2028-06-01 | 3.623 | 3.75 |
| CMNGEN 3.74% 2029-06-01 USDCommonwealth Financing Authority | United States | 2029-06-01 | 3.743 | 3.81 |
| CMNGEN 3.81% 2041-06-01 USDCommonwealth Financing Authority | United States | 2041-06-01 | 3.807 | 4.78 |
| CMNGEN 3.86% 2038-06-01 USDCommonwealth Financing Authority | United States | 2038-06-01 | 3.864 | 4.47 |
| CMNGEN 4.01% 2033-06-01 USDCommonwealth Financing Authority | United States | 2033-06-01 | 4.014 | 4.04 |
| CMNGEN 4.14% 2038-06-01 USDCommonwealth Financing Authority | United States | 2038-06-01 | 4.144 | 4.44 |
| CMNGEN 5.59% 2030-06-01 USDCommonwealth Financing Authority | United States | 2030-06-01 | 5.587 | 4.28 |
| CMNGEN 5.79% 2040-06-01 USDCommonwealth Financing Authority | United States | 2040-06-01 | 5.787 | 4.85 |
| CMNGEN 6.22% 2039-06-01 USDCommonwealth Financing Authority | United States | 2039-06-01 | 6.218 | 5.51 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the CFA has successfully issued various bonds, including the $2.5 billion issuance in 2018 aimed at funding transportation and infrastructure projects across the state. Notably, their 2020 bond issuance priced competitively amid industry challenges, yielding 1.5% compared to a broader market average of 2.0%. The CFA also introduced unique features in their latest bonds, including tax-exempt status and flexible repayment terms, which have made their offerings particularly attractive to retail investors seeking stable returns in a fluctuating market.