Massachusetts School Building
Authority Subordinated Dedicated
Sales Tax Bonds, 2018 Series A

Massachusetts School Building Authority

Invest in Massachusetts schools and earn tax-exempt income. The Massachusetts School Building Authority provides funding to schools for projects such as building repair and renovation. As of January 1, 2018, the Board had approved project closeout audits for 424 new projects.


Issuance characteristics
  • Refunding
  • Contains callable maturities
  • Federally tax exempt
  • Revenue
  • Competitive sale

Sale closed

These are the final prices as noted in the Official Statement. These bonds are now subject to secondary market conditions.

This issuance has 23 maturity options, ranging from 2018 to 2048.

  • Maturity date 06/15/2018 Principal amount $10.14M Coupon 5.000% Call features
    Approximate price 100.578 Credit enhancement No
  • Maturity date 02/15/2019 Principal amount $4.29M Coupon 5.000% Call features
    Approximate price 103.562 Credit enhancement No
  • Maturity date 02/15/2020 Principal amount $3.94M Coupon 5.000% Call features
    Approximate price 106.704 Credit enhancement No
  • Maturity date 02/15/2021 Principal amount $4.05M Coupon 5.000% Call features
    Approximate price 109.704 Credit enhancement No
  • Maturity date 02/15/2022 Principal amount $3M Coupon 5.000% Call features
    Approximate price 112.585 Credit enhancement No
  • Maturity date 02/15/2023 Principal amount $4.29M Coupon 5.000% Call features
    Approximate price 115.029 Credit enhancement No
  • Maturity date 02/15/2024 Principal amount $1.45M Coupon 5.000% Call features
    Approximate price 117.376 Credit enhancement No
  • Maturity date 02/15/2025 Principal amount $7.57M Coupon 5.000% Call features Approximate price 116.821 Credit enhancement No
  • Maturity date 02/15/2026 Principal amount $10.23M Coupon 5.000% Call features Approximate price 116.329 Credit enhancement No
  • Maturity date 02/15/2027 Principal amount $8.65M Coupon 5.000% Call features Approximate price 115.901 Credit enhancement No
  • Maturity date 02/15/2028 Principal amount $12.43M Coupon 5.000% Call features Approximate price 115.718 Credit enhancement No
  • Maturity date 02/15/2029 Principal amount $5M Coupon 5.000% Call features Approximate price 115.293 Credit enhancement No
  • Maturity date 02/15/2030 Principal amount $6.4M Coupon 5.000% Call features Approximate price 114.93 Credit enhancement No
  • Maturity date 02/15/2031 Principal amount $9.04M Coupon 5.000% Call features Approximate price 114.568 Credit enhancement No
  • Maturity date 02/15/2032 Principal amount $9.29M Coupon 5.000% Call features Approximate price 114.208 Credit enhancement No
  • Maturity date 02/15/2033 Principal amount $9.74M Coupon 5.000% Call features Approximate price 113.849 Credit enhancement No
  • Maturity date 02/15/2034 Principal amount $18.78M Coupon 5.000% Call features Approximate price 113.61 Credit enhancement No
  • Maturity date 02/15/2035 Principal amount $19.73M Coupon 5.000% Call features Approximate price 113.431 Credit enhancement No
  • Maturity date 02/15/2036 Principal amount $30.46M Coupon 5.000% Call features Approximate price 113.253 Credit enhancement No
  • Maturity date 02/15/2037 Principal amount $12.78M Coupon 5.000% Call features Approximate price 113.075 Credit enhancement No
  • Maturity date 02/15/2038 Principal amount $3.79M Coupon 5.000% Call features Approximate price 112.897 Credit enhancement No
  • Maturity date 02/15/2043 Principal amount $87.86M Coupon 4.000% Call features Approximate price 104.79 Credit enhancement No
  • Maturity date 02/15/2048 Principal amount $112.15M Coupon 5.250% Call features Approximate price 118.554 Credit enhancement No