The Metropolitan Museum of Art, founded in 1870 and located in New York City, is one of the largest and most prestigious art museums in the world, dedicated to collecting, preserving, and exhibiting works of art. The museum offers a wide range of services, including exhibitions, educational programs, and public events, alongside a significant portfolio of art pieces spanning over 5,000 years of history.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| METART 3.40% 2045-07-01 USDThe Metropolitan Museum of Art | United States | 2045-07-01 | 3.400 | 5.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Metropolitan Museum of Art has occasionally utilized bond issuances to support its initiatives, with its first issuance dating back to 2001, primarily aimed at funding capital improvements and operational costs. Notable underwriter firms have facilitated these bonds, which typically feature low yields compared to industry standards due to the museum's strong financial position. As of October 2023, the yields on the museum’s bonds remain competitive, reflecting robust investor demand and a commitment to sustainable financial practices in the arts sector.