The Niagara Falls Bridge Commission, established in 1934 and headquartered in Niagara Falls, New York, serves as a vital international link between the United States and Canada. The Commission operates several key border crossing bridges and provides essential tolling services that facilitate travel and commerce across the Niagara River.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NGFTRN 4.16% 2033-10-01 USDNiagara Falls Bridge Commission | United States | 2033-10-01 | 4.163 | 4.37 |
| NGFTRN 4.31% 2038-10-01 USDNiagara Falls Bridge Commission | United States | 2038-10-01 | 4.305 | 4.88 |
| NGFTRN 4.41% 2048-10-01 USDNiagara Falls Bridge Commission | United States | 2048-10-01 | 4.405 | 5.48 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Commission first issued bonds in 1952 to finance the construction and maintenance of its bridges. Over the years, significant issuances include the $35 million bond series in 2010 used to renovate the Queenston-Lewiston Bridge, which highlighted the issuer’s commitment to infrastructure improvement. As of 2023, bonds from the Niagara Falls Bridge Commission are yielding around 4.2%, slightly higher than the industry average, indicating strong investor demand, particularly given the vital transportation role these assets play. Recent discussions include proposals for future bond issuances to enhance security measures at the crossings, showcasing the Commission's proactive approach to financial management and infrastructure investment.