Water Authority of Western Nassau County, founded in the early 1970s and located in Long Island, New York, serves the purpose of providing safe and reliable water services to its community. The authority is responsible for the management and distribution of water resources, ensuring high-quality supply for residential and commercial consumers in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WSNWTR 6.70% 2040-04-01 USDWater Authority Of Western Nassau County | United States | 2040-04-01 | 6.701 | 5.02 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Water Authority has been active in the bond market, issuing its first bonds in 1975 to fund infrastructure improvements. In recent years, notable bond issuances have included a $15 million revenue bond in 2020 used for upgrading aging water systems, which offered a yield of 2.5%, competitive within the municipal bond landscape. Current yields reflect a stable investment opportunity amid fluctuating interest rates, with features such as tax-exempt status appealing to retail investors.