The Economic Development Authority of Montgomery County Virginia was founded to enhance the region's economic vitality and community well-being. Located in the heart of Virginia, the Authority focuses on fostering business growth and attracting investment by providing financial incentives and support services to local enterprises.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MONDEV 3.95% 2039-06-01 USDEconomic Development Authority of Montgomery County Virginia | United States | 2039-06-01 | 3.945 | 4.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Authority first began issuing bonds in 1992, mainly to finance key infrastructure and development projects that boost local economic prospects. Notably, their 2021 bond issuance raised $5 million for the expansion of a technology park, significantly enhancing Montgomery County's competitive edge. Current yields on their bonds are attractive compared to the industry average, reflecting the Authority's effective fiscal management and its status as a reliable issuer amidst regional demand for development financing.