Almost as safe as cd
Issuer: Greenwood Utility District, Texas
Unlimited General Obligation and
Waterworks & Sewer System Revenue
Rating: AA (S&P)
Underlying: NR (S&P)
Insured: Build America Mutual
Coupon: 4.250%
Price: 100.000
Maturity: 08/01/45
Call Date: 08/01/25 @ 100.000
Yield to Call: 4.250%
Yield to Maturity: 4.250%
Current Yield: 4.250%
The Greenwood Utility District is a political subdivision of the State of Texas located in Harris County (approximately eleven miles northeast of downtown Houston). Principal and interest on the Bonds are payable from the proceeds of an annual ad valorem tax, without legal limitation as to rate or amount, levied against all taxable property within the District and from the Net Revenues of the District's waterworks, sanitary sewer and drainage system.
https://www.cbxmarket.com/cusip/397378FG0/