The Jersey City Municipal Utilities Authority (JCMUA) was established to provide essential water and sewer services to the residents of Jersey City, New Jersey. The authority is dedicated to delivering high-quality utility services while promoting sustainability and environmental stewardship. JCMUA manages a vast network of infrastructure that ensures safe and reliable water supply and wastewater treatment to the community.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| JERUTL 5.47% 2027-05-15 USDJersey City Municipal Utilities Authority | United States | 2027-05-15 | 5.470 | 5.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
JCMUA has been actively issuing bonds since its inception, with notable bond issuances designed to fund significant infrastructure improvements. In 2020, the authority issued $34 million in bonds to enhance its water facilities, which received considerable attention for their competitive yields compared to industry standards. The current bond yields are indicative of rigid fiscal management, and the authority offers unique features such as tax-exempt status, appealing to retail investors. Recent news highlighted JCMUA's efforts to secure additional funding through green bonds aimed at promoting environmentally sustainable projects, further enhancing its financial profile.