The Massachusetts Development Finance Agency (MDFA), founded in 1998 and located in Boston, serves the purpose of supporting economic growth and development across the state. The agency provides a range of financial products, including tax-exempt and taxable bonds, to assist municipalities, non-profits, and private businesses in funding projects that enhance the state’s economy.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MASDEV 3.98% 2030-10-01 USDMassachusetts Development Finance Agency | United States | 2030-10-01 | 3.976 | 6.39 |
| MASDEV 4.84% 2043-09-01 USDMassachusetts Development Finance Agency | United States | 2043-09-01 | 4.844 | 4.89 |
| MASDEV 5.35% 2028-12-01 USDMassachusetts Development Finance Agency | United States | 2028-12-01 | 5.353 | 4.11 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
MDFA has a notable history in bond issuance, having first issued bonds in the late 1990s to facilitate funding for various infrastructure projects. Significant issuances include the 2020 bond series aimed at advancing healthcare facilities, which were notably well-received with yields competitive against industry averages. As of recent reports, MDFA's bonds featured a mix of traditional fixed rates and variable rate options, enabling greater flexibility for investors, and continue to receive positive market attention, especially for projects with strong community impact.