Bond North Texas Tollways Authority 5% ( US66285WVR41 ) in USD

Issuer	North Texas Tollways Authority
Market price	100 % ▲
Country	United States
ISIN code	US66285WVR41 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	01/01/2029
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Minimal amount	/
Total amount	35 270 000 USD
Cusip	66285WVR4
Next Coupon	01/01/2026 ( In 16 days )
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 analysis details a specific fixed-income instrument, an obligation identified by ISIN US66285WVR41 and CUSIP 66285WVR4, issued by the North Texas Tollway Authority (NTTA), a prominent governmental entity operating as a self-sustaining agency dedicated to developing, maintaining, and operating a comprehensive network of toll roads across the Dallas-Fort Worth metropolitan area in the United States. The NTTA finances its essential transportation infrastructure projects and ongoing operations primarily through collected toll revenues, thereby underpinning the creditworthiness of its debt issuances to ensure vital mobility for millions of commuters and businesses within its jurisdiction. This particular bond, denominated in United States Dollars (USD) and issued within the United States, carries a fixed interest rate of 5% per annum, with interest payments disbursed semi-annually, reflecting a payment frequency of two times per year. The total original size of this specific issuance amounts to USD 35,270,000, and it is scheduled to reach its maturity on January 1, 2029. Currently, the bond is observed to be trading at 100% of its par value in the market, indicating that its market price aligns precisely with its face value.