The State Public School Building Authority (SPSBA) was established in Pennsylvania to finance the construction and renovation of public school facilities. This state-level authority primarily issues bonds to support educational infrastructure projects, enabling school districts to meet their facility needs efficiently.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| STTEDU 5.00% 2027-09-15 USDState Public School Building Authority | United States | 2027-09-15 | 5.000 | 3.79 |
| STTEDU 5.14% 2029-09-15 USDState Public School Building Authority | United States | 2029-09-15 | 5.138 | 3.94 |
| STTEDU 5.43% 2026-09-15 USDState Public School Building Authority | United States | 2026-09-15 | 5.426 | 3.80 |
| STTEDU 5.43% 2026-09-15 USDState Public School Building Authority | United States | 2026-09-15 | 5.426 | 3.80 |
| STTEDU 5.49% 2029-09-15 USDState Public School Building Authority | United States | 2029-09-15 | 5.485 | 3.71 |
| STTEDU 6.50% 2028-09-15 USDState Public School Building Authority | United States | 2028-09-15 | 6.495 | 3.85 |
| STTEDU 6.50% 2028-09-15 USDState Public School Building Authority | United States | 2028-09-15 | 6.495 | 3.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception in 1971, the SPSBA has issued a range of bonds, with notable issuances aimed at major school construction initiatives across Pennsylvania. Recent reports indicate that SPSBA's bonds yield competitively within the municipal bond market, reflecting investor confidence in the authority's mission. Noteworthy events include the 2020 $300 million bond issue, which funded modernizations in districts adversely affected by the COVID-19 pandemic, showcasing the authority's responsiveness to urgent educational needs.