Bond North Texas Tollways Authority 3% ( US66285WFC55 ) in USD
| Issuer | North Texas Tollways Authority |
| Market price | 100 % ▲ |
| Country | United States
|
| ISIN code |
US66285WFC55 ( in USD )
|
| Interest rate | 3% per year ( payment 2 times a year) |
| Maturity | 01/01/2011 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | / |
| Total amount | 14 160 000 USD |
| Cusip | 66285WFC5 |
| 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 overview details a specific fixed-income instrument, a bond identified by ISIN US66285WFC55 and CUSIP 66285WFC5, which was issued by the North Texas Tollway Authority (NTTA). The NTTA is a governmental agency and a political subdivision of the State of Texas, established to finance, construct, operate, and maintain toll roads in the rapidly growing North Texas region, funding its transportation infrastructure projects primarily through the issuance of revenue bonds. Denominated in United States Dollars (USD) and issued from the United States, this particular bond carried an annual interest rate of 3% and had an original total issue size of USD 14,160,000. Interest payments were structured with a frequency of two times per year, consistent with standard semi-annual distributions for such securities. The bond reached its scheduled maturity date on January 1, 2011, at which point it was fully redeemed at 100% of its face value, signifying the repayment of all principal to bondholders and the completion of its term. |
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