Bond North Texas Tollways Authority 0% ( US66285WBZ86 ) in USD

Issuer	North Texas Tollways Authority
Market price	100 % ▲
Country	United States
ISIN code	US66285WBZ86 ( in USD )
Interest rate	0%
Maturity	01/01/2034
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Minimal amount	/
Total amount	31 952 717 USD
Cusip	66285WBZ8
Detailed description	The North Texas Tollway Authority (NTTA) is a government agency responsible for planning, building, and operating toll roads in several North Texas counties, aiming to alleviate traffic congestion and improve transportation infrastructure. This financial article provides an in-depth look at a specific bond, identified by ISIN US66285WBZ86 (CUSIP 66285WBZ8), issued by the North Texas Tollway Authority, a self-funded regional governmental entity established to finance, construct, and operate essential toll road systems across the Dallas-Fort Worth metropolitan area, whose debt obligations are typically supported by robust revenue streams generated from its toll operations; this particular bond, denominated in United States Dollars (USD), is currently trading at 100% of its par value on the market and features a 0% stated interest rate, characteristic of a zero-coupon bond where the investment return is typically realized through the discount at which it is acquired relative to its face value at maturity, representing a total issue size of USD 31,952,717 and scheduled for final principal repayment on January 1, 2034, reflecting a single payment frequency upon maturity.