The Mayor and City Council of Baltimore, founded in the early 18th century and located in Baltimore, Maryland, serves as the local government authority for the city. Its primary purpose is to provide governance, enact regulations, and oversee city services to ensure the welfare of residents and promote economic growth. Key services include urban planning, public safety, and infrastructure development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BAL 5.60% 2030-10-15 USDMayor and City Council of Baltimore. | United States | 2030-10-15 | 5.600 | 4.44 |
| BAL 6.04% 2028-10-15 USDMayor and City Council of Baltimore. | United States | 2028-10-15 | 6.040 | 4.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The City Council has a long-standing history of bond issuances, having first issued bonds to finance public works projects in the 19th century. Notable recent issuances include general obligation bonds and refunding bonds, aimed at improving city infrastructure and managing existing debt. Current yields on these bonds are competitive within the municipal bond market, often reflecting the city's creditworthiness. Additionally, the City offers various features such as tax-exempt status and green bond designations, aligning with sustainable development goals.