Montgomery County School District Finance Corporation, based in Montgomery County, Maryland, was established to provide financial support for educational institutions within the district. The corporation primarily focuses on issuing tax-exempt bonds to fund various school improvement projects and educational initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MGMEDU 5.88% 2027-12-01 USDMontgomery County School District Finance Corporation | United States | 2027-12-01 | 5.875 | 5.76 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the corporation has been actively engaged in bond issuances, with its first bonds issued in 1992 to finance expansion projects in local schools. Notable recent issuances include a $25 million bond in 2020 aimed at upgrading technology in primary schools, currently yielding around 2.5%, which is competitive against similar offerings in the education sector. The bonds often feature call options that enhance flexibility for the school district in managing its debt obligations, reflecting a commitment to maintaining fiscal responsibility while addressing community needs.