The Virginia Public School Authority, established in 1966 and based in Richmond, Virginia, is dedicated to supporting the financing of educational facilities within the state. The Authority facilitates access to capital for local school divisions through the issuance of bonds and notes.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VASSCD 4.50% 2027-06-15 USDVirginia Public School Authority | United States | 2027-06-15 | 4.500 | 3.96 |
| VASSCD 5.31% 2027-06-15 USDVirginia Public School Authority | United States | 2027-06-15 | 5.310 | 3.96 |
| VASSCD 5.51% 2030-08-01 USDVirginia Public School Authority | United States | 2030-08-01 | 5.512 | 3.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Virginia Public School Authority has become a reliable source of funding for public education projects, having issued over $4 billion in bonds since 2000. A significant milestone occurred in 2013 with their issuance of $125 million in series bonds, aimed at financing new construction and renovations of school facilities across Virginia. Currently, the Authority's bonds yield competitive rates, often outperforming averages in the municipal bond market, and offer specific features such as tax-exempt status, providing favorable investment opportunities for retail investors.