The Tri-County Metropolitan Transportation District of Oregon (TriMet), founded in 1970 and headquartered in Portland, Oregon, serves the public transit needs of the Portland metropolitan area. TriMet operates an extensive network of buses, light rail, and commuter rail services, enhancing mobility and accessibility for residents and visitors alike.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TCYTRN 5.73% 2033-09-01 USDTri-County Metropolitan Transportation District of Oregon | United States | 2033-09-01 | 5.730 | 4.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
TriMet began issuing bonds in 1981 to finance its capital projects and improve transit infrastructure. Notably, in 2015, TriMet issued $97 million in bonds to fund the MAX Green Line extension project, reflecting its ongoing commitment to expand and enhance services. Current yield on TriMet bonds is competitive within the municipal bond market, with recent issuances demonstrating favorable investor sentiment due to their strong backing from dedicated tax revenues.