Stadt Dortmund, founded in the 9th century and located in North Rhine-Westphalia, Germany, serves as the municipal authority for the city of Dortmund. The company is responsible for local governance, urban development, and public services, aiming to enhance the quality of life for its residents. Key services include public transportation, infrastructure, and social services, ensuring a vibrant and sustainable urban environment.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DRTMND 0.10% 2029-10-18 EURStadt Dortmund. | Germany | 2029-10-18 | 0.100 | 2.87 |
| DRTMND 1.13% 2027-03-25 EURStadt Dortmund. | Germany | 2027-03-25 | 1.125 | 2.55 |
| DRTMND 3.25% 2031-05-23 EURStadt Dortmund. | Germany | 2031-05-23 | 3.250 | 3.08 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Stadt Dortmund began issuing bonds to finance various local projects and infrastructure development in the early 2000s. One notable issuance was a €150 million bond in 2015, aimed at funding urban renewal initiatives, which garnered significant interest due to its above-average yield compared to similar municipal bonds. As of 2023, its bonds have maintained a competitive yield of around 1.8%, reflecting the issuer's sound financial management and strong credit rating. Recent news includes plans for additional bond issues to support green initiatives, aligning with broader sustainability goals in the region.