The City of Hamilton, founded in the early 19th century and located in Ontario, Canada, serves as a vibrant urban center committed to providing essential services to its residents and fostering community growth. Its core purpose revolves around improving the quality of life for citizens through effective governance and sustainable development initiatives. Key services include public transportation, waste management, and recreation programs.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hamilton has a notable history of bond issuances, first initiating its bond program in the late 20th century to fund infrastructure projects. One significant issuance occurred in 2018, when the city issued $100 million in long-term bonds to finance various capital improvements, achieving competitive yields compared to peer municipalities. Current yields on Hamilton's bonds remain attractive, often lower than the industry average, reflecting the city's strong credit rating and financial management practices. The bonds typically feature callable options, providing flexibility in the city's debt management strategy.