First Nations Finance Authority (FNFA), founded in 2007 and headquartered in British Columbia, is dedicated to improving the economic well-being of First Nations by providing them access to capital markets. FNFA specializes in issuing bonds to finance various infrastructure projects, enhancing fiscal capabilities, and promoting sustainable development within First Nations communities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FNFACA 1.71% 2030-06-16 CADFirst Nations Finance Authority | Canada | 2030-06-16 | 1.710 | 3.00 |
| FNFACA 2.85% 2032-06-01 CADFirst Nations Finance Authority | Canada | 2032-06-01 | 2.850 | 3.30 |
| FNFACA 3.05% 2028-06-01 CADFirst Nations Finance Authority | Canada | 2028-06-01 | 3.050 | 2.73 |
| FNFACA 4.11% 2034-06-01 CADFirst Nations Finance Authority | Canada | 2034-06-01 | 4.109 | 3.64 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, FNFA has made significant strides in bond issuance, highlighting its first bond offering in 2012, which raised $90 million to support Indigenous projects. Noteworthy issuances include a landmark $150 million bond in 2021, earmarked for housing and infrastructure upgrades. Currently, FNFA bonds display attractive yields that are competitive within the industry, allowing Indigenous municipalities to leverage capital effectively while benefitting from features like green bond classifications, which appeal to socially responsible investors. Recent news includes plans to expand their portfolio to meet growing community demands, emphasizing FNFA's commitment to resilience and growth in First Nations finance.