
East Bay Municipal Utility District (EBMUD), established in 1923 and located in Oakland, California, serves to provide water and wastewater services to more than 1.4 million residents across a 325-square-mile area. EBMUD is committed to delivering high-quality water while ensuring sustainable management of resources, focusing on environmental stewardship and public health.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
EBYWTR 5.87% 2040-06-01 USDEast Bay Municipal Utility District | United States | 2040-06-01 | 5.874 | 5.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
EBMUD has a notable history of bond issuances, beginning in 1924 with its first sale to support infrastructure development. The district regularly issues revenue bonds to finance capital projects, with recent issuances attracting attention due to low yields compared to industry standards, currently around 2-3% for 30-year bonds. In 2021, EBMUD issued $100 million in bonds aimed at updating aging infrastructure, reflecting its commitment to long-term sustainability and financial health.