A Texas Utility District's Plan to Save Money for Taxpayers
Channel: Build America Mutual (BAM)
Date: 2021-01-20

The Fort Bend County Municipal Utility District #58, home to more than 12,000 people living south of Katy, Texas., is selling $82 million of refunding bonds to generate savings by reducing the interest rates on debt sold to finance utility and road investments within the District. This video will include more information on how BAM's analysts reviewed the issue.

Please Note: These videos do not constitute individual investment recommendations or advice. Investors considering the merits of a particular debt issue should read the Official Statement prepared for it. If BAM insurance has been purchased for some but not all of the bonds being offered for sale, the Official Statement will identify which bonds are insured. For more information, please view our Terms of Use: http://buildamerica.com/terms-of-use