BONDS/US57585BKJ60·USD·US·SENIOR UNSECUREDAS OF—

Massachusetts Development Finance Agency

Massachusetts Development … 5.250% 2055/07 · bullet · 29.13y

United States

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YIELD TO MATURITY

—

semi-annual

MID PRICE

—

par = 100

BOND INFO

What this bond is

terms · risk · identifiers

Coupon

5.250%

semi-annual · fixed

Maturity

2055/07

29.13y · bullet

Mod. duration

—

n/a for perpetuals

Convexity

—

n/a for perpetuals

Outstanding

—

not disclosed

Issued

—

not disclosed

About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA

About the issuer

The Massachusetts Development Finance Agency (MassDevelopment) was created in 1998 under Chapter 23G of the Massachusetts General Laws, which merged the Massachusetts Government Land Bank with the Massachusetts Industrial Finance Agency. Both a lender and developer, MassDevelopment works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. Through these collaborations the agency helps create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies. MassDevelopment's first president and CEO was Michael P. Hogan, from 1993 to 2003, followed by Robert L. Culver from 2004 to 2011, Marty Jones from 2011 to 2017, and Lauren A. Liss, from 2017 through 2020. Since January 2021 the agency has been led by Dan Rivera, who is under appointment until 2026. MassDevelopment is headquartered in Boston, with regional offices in Devens, Fall River, Lawrence, Springfield, and Worcester.

Source: Wikipedia →

About this bond

AI BRIEF · LOADING

Identifiers

Security details

AWAITING ENRICHMENT

CUSIP

57585BKJ6

ISIN

US57585BKJ60

FACE

100 USD

SENIORITY

Senior Unsecured

BOND SIGNALS

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Curve position

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Institutional footprint

Sherpa Signal

Moderate institutional footprint, holding

Breadth

21 / 25

Size

12 / 25

Concentration

18 / 15

Credit

DISCOVERY

Massachusetts Development Finance Agency

What this bond is

About this bond

About this bond

Security details

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