Michigan State, founded in 1855 and located in East Lansing, Michigan, serves as a leading public research university dedicated to advancing knowledge and fostering student success. The university provides a wide array of academic programs, research opportunities, and community engagement initiatives, drawing students from across the globe.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MISHGR 4.17% 2122-08-15 USDMichigan State | United States | 2122-08-15 | 4.165 | 5.48 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Michigan State has a notable history of bond issuances, beginning with its first bonds issued in the early 1990s to finance campus infrastructure and improvements. Recent significant issuances include the $100 million bond in 2021 aimed at expanding research facilities, reflecting a low current yield of approximately 2.5%, which remains competitive against similar educational institutions. The bonds offer unique features such as tax-exempt status and callable options, enhancing their appeal to retail investors.