Pennsylvania, established in 1787 and located in Harrisburg, serves as a critical financial issuer for state-level projects and initiatives aimed at fostering economic growth. The entity focuses on providing essential services, including public infrastructure financing through a diverse range of bond offerings.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PAS 4.65% 2026-02-15 USDPennsylvania | United States | 2026-02-15 | 4.650 | 6.82 |
| PAS 5.45% 2030-02-15 USDPennsylvania | United States | 2030-02-15 | 5.450 | 4.91 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Pennsylvania first began issuing bonds in the late 20th century to fund various public infrastructural projects. A notable issuance occurred in 2016, where the state raised $1.2 billion through general obligation bonds to improve transportation and education facilities, showcasing its commitment to revitalizing key public services. As of late 2023, yields on Pennsylvania's bonds have remained competitive, typically reflecting a slight premium compared to regional averages, with recent reports highlighting special features such as tax-exempt status that appeal to investors seeking stable income.