Bond North Texas Tollways Authority 4% ( US66285WXF84 ) in USD

Issuer	North Texas Tollways Authority
Market price	100 % ▲
Country	United States
ISIN code	US66285WXF84 ( in USD )
Interest rate	4% per year ( payment 2 times a year)
Maturity	01/01/2034
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Minimal amount	/
Total amount	24 580 000 USD
Cusip	66285WXF8
Next Coupon	01/01/2026 ( In 18 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 article details a specific bond, identified by ISIN US66285WXF84 (CUSIP: 66285WXF8), issued by the North Texas Tollway Authority (NTTA), a prominent governmental agency and political subdivision of the State of Texas responsible for the development, maintenance, and operation of essential toll road infrastructure across the Dallas-Fort Worth metropolitan area, with its revenue base primarily derived from tolls to support its operational expenses and debt service obligations. This U.S.-issued debt instrument is currently trading at its par value of 100% in USD, offers an annual coupon rate of 4%, had an original total issuance size of $24,580,000, and is set to reach its maturity on January 1, 2034, with interest payments distributed on a semi-annual basis.