The State Building Authority of the State of Michigan was established to support the financing of public infrastructure projects across the state. This agency is dedicated to issuing bonds that fund essential state facilities, including educational institutions, government buildings, and transportation infrastructure.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MISFAC 2.71% 2040-10-15 USDState Building Authority State Of Michigan | United States | 2040-10-15 | 2.705 | 4.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has been instrumental in facilitating bond issuances that have exceeded $1.5 billion, with notable projects such as the funding for the renovation of the Michigan State Capitol in the 1990s. Current yields for its bonds remain competitive within the municipal bond market, often reflecting strong demand due to their tax-exempt status. Recent news highlights the Authority's commitment to sustainability, with green bonds issued to finance energy-efficient upgrades in public facilities, further enhancing its portfolio's appeal to socially responsible investors.