Bond North Texas Tollways Authority 5% ( US66285WUP93 ) in USD

Issuer North Texas Tollways Authority
Market price 100 %  ▲ 
Country  United States
ISIN code  US66285WUP93 ( in USD )
Interest rate 5% per year ( payment 2 times a year)
Maturity 01/01/2021 - Bond has expired



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Minimal amount /
Total amount 39 800 000 USD
Cusip 66285WUP9
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 US66285WUP93 bond (CUSIP: 66285WUP9), a fixed-income instrument issued in the United States by the North Texas Tollway Authority (NTTA), an agency responsible for developing and managing toll road infrastructure across North Texas, represented a total issuance size of $39,800,000 USD, carried a 5% interest rate paid semi-annually, and with its maturity date on January 1, 2021, has since been fully repaid at its 100% par value, concluding its financial obligation.