Corp City of Greater Sudbury, established in 2001, is a municipal government located in Ontario, Canada, dedicated to fostering urban development and community well-being. The city offers essential services to residents, including waste management, public transportation, and recreational facilities, while also focusing on economic growth and sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CITSUD 2.42% 2050-03-12 CADCorp City of Greater Sudbury | Canada | 2050-03-12 | 2.416 | 4.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The City of Greater Sudbury first commenced its bond issuances in 2010, utilizing the proceeds to fund infrastructure projects such as road enhancements and public transit systems. A notable issuance occurred in 2022, where the city raised CAD 30 million through 10-year bonds, attracting significant investor interest given the offerings' competitive yields compared to provincial bonds. As of October 2023, the city's bond yields are performing favorably against industry benchmarks, reflecting strong credit ratings and fiscal management, while recent news highlights a commitment to green bonds aimed at environmental sustainability initiatives within the municipality.