The Metropolitan Water Reclamation District of Greater Chicago, founded in 1889 and located in Chicago, Illinois, is a governmental agency dedicated to managing the region's water resources to protect public health and the environment. It primarily focuses on sewage treatment, stormwater management, and water conservation, ensuring clean and safe waterways for the community.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CHIWTR 5.72% 2038-12-01 USDMetropolitan Water Reclamation District of Greater Chicago | United States | 2038-12-01 | 5.720 | 5.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The District has a long history of bond issuances, beginning in the early 1900s to finance the construction of sewage treatment facilities and infrastructure improvements. Notably, in 2020, the District issued $400 million in general obligation bonds to fund critical upgrades, with current yields outperforming many municipal bonds in the industry. Features like tax-exempt status add appeal for investors, while the recent news of a $150 million issuance targeted at enhancing flood management showcases the District's ongoing commitment to addressing urban water challenges.