CA LOSAPT 5 05/15/2038
AAAbout this bond
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The bond is a senior unsecured municipal security issued by the City of Los Angeles Department of Airports, denominated in U.S. dollars. It carries a fixed coupon of 5.00% per annum, matures on May 15 2038, and has a face value of 100. Classified in Bloomberg’s “Other” sector, the issue is identified by ISIN US5444452E83 and CUSIP 5444452E8, and is rated AA by S&P and Aa2 by Moody’s. The issuer is the municipal agency that manages Los Angeles’ airport system, a public entity whose revenues stem from airport operations and related fees. This revenue base underpins the bond’s strong credit profile, reflected in its high‑grade ratings, and signals a relatively low risk of default within the municipal market.