Bond North Texas Tollways Authority 5% ( US66285WL538 ) in USD

Issuer North Texas Tollways Authority
Market price 100 %  ▲ 
Country  United States
ISIN code  US66285WL538 ( in USD )
Interest rate 5% per year ( payment 2 times a year)
Maturity 01/01/2025 - Bond has expired



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Minimal amount /
Total amount 5 915 000 USD
Cusip 66285WL53
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.

The North Texas Tollway Authority, a U.S.-based public entity responsible for the development and management of toll road infrastructure, concluded the lifecycle of its bond (ISIN: US66285WL538, CUSIP: 66285WL53) on January 1, 2025, when this USD-denominated instrument, initially issued for $5,915,000 with a 5% coupon rate and semi-annual interest payments, matured and was fully redeemed at 100% of its face value.