Bond North Texas Tollways Authority 5% ( US66285WWE29 ) in USD

Issuer	North Texas Tollways Authority
Market price	100 % ▲
Country	United States
ISIN code	US66285WWE29 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	01/01/2031
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Minimal amount	/
Total amount	35 470 000 USD
Cusip	66285WWE2
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. Market participants are observing the bond issued by the North Texas Tollway Authority, identified by ISIN US66285WWE29 and CUSIP 66285WWE2, as it trades at a current market price of 100% of its face value. This specific debt instrument, denominated in USD, carries a coupon rate of 5% and matures on January 1, 2031, with interest distributions occurring semi-annually. The North Texas Tollway Authority (NTTA), a prominent governmental agency and political subdivision of the state of Texas, is the issuer, primarily responsible for the financing, construction, maintenance, and operation of toll roads and related transportation infrastructure within the North Texas area, backing this $35,470,000 issuance, which was originated in the United States.