Saint Prosper Municipality, located in the heart of Saint Prosper, provides essential local government services to its residents. Its purpose is to enhance community welfare and ensure sustainable development through effective governance and resource management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| STPRSP 1.15% 2025-03-30 CADSaint Prosper Municipality | Canada | 2025-03-30 | 1.150 | 0.00 |
| STPRSP 1.25% 2025-05-19 CADSaint Prosper Municipality | Canada | 2025-05-19 | 1.250 | 0.00 |
| STPRSP 1.40% 2026-03-30 CADSaint Prosper Municipality | Canada | 2026-03-30 | 1.400 | 2.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The municipality began issuing bonds in 1985, enabling significant funding for infrastructure projects, such as the modernization of public transportation and the construction of recreational facilities. Notably, in 2020, they launched a $10 million green bond dedicated to environmental initiatives, with current yields estimated at 3.2%, competitive within the industry. This issuance marked the municipality's commitment to sustainability, featuring tax-exempt status, and reflecting broader trends in socially responsible investment.