Downtown Dallas Development Authority (DDDA) is a public development agency established to promote economic development and revitalization in Downtown Dallas, Texas. The Authority focuses on facilitating public-private partnerships, enhancing urban infrastructure, and supporting real estate development initiatives that stimulate growth in the area.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DWNDEV 6.21% 2036-08-15 USDDowntown Dallas Development Authority | United States | 2036-08-15 | 6.210 | 6.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, DDDA has actively engaged in issuing bonds to fund various projects, with a significant emphasis on urban redevelopment efforts. Notably, DDDA began its bond issuance program in the early 2000s, including a remarkable issuance in 2013 to finance infrastructure improvements for a new mixed-use development, providing attractive yields that typically outperform the local market averages. In recent years, DDDA has introduced green bonds, reflecting its commitment to sustainable development, while its current bond yields remain competitive, drawing interest from retail investors focused on long-term urban projects.