Français
ItalianoBond North Texas Tollways Authority 5% ( US66285WRZ13 ) in USD
| Issuer | North Texas Tollways Authority |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US66285WRZ13 ( in USD )
|
| Interest rate | 5% per year ( payment 2 times a year) |
| Maturity | 01/01/2021 - 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 | 15 470 000 USD |
| Cusip | 66285WRZ1 |
| 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. An examination of the bond market reveals the specific characteristics of a recently matured debt instrument issued by the North Texas Tollway Authority (NTTA), a governmental entity serving as a political subdivision of the State of Texas, charged with the critical responsibility of constructing, maintaining, and operating an extensive network of toll roads across the North Texas metropolitan area. This particular bond, identified by its ISIN code US66285WRZ13 and CUSIP code 66285WRZ1, originated from the United States and was denominated in USD. It carried a fixed annual coupon rate of 5%, with interest payments disbursed to investors on a semi-annual basis, reflecting a payment frequency of two times per year. The total issuance size for this specific offering amounted to $15,470,000. Originally set to mature on January 1, 2021, this bond has indeed reached its scheduled maturity date and has been fully repaid, confirming its redemption at par, as indicated by its final market price of 100% at the time of repayment. |