Budget and Treasury

Tax Exempt Bond Portfolio

Principal Outstanding as of June 30, 2019

  • 2015 Bonds: 59.1%
  • 2012 Bonds: 6.8%
  • 2011B Bonds: 14%
  • 2011A Bonds: 12.2%
  • 2011 Bonds: 4.6%
  • 1999 Bonds: 3.3%

Fixed Rate Debt (40.9%)

  • Series 2012 California Municipal Finance Authority Bonds
  • Series 2011A California Municipal Finance Authority Bonds
  • Series 2011B California Municipal Finance Authority Bonds
  • Series 2011 California Educational Facilities Financing Authority Bonds
  • Series 1999 California Educational Facilities Financing Authority Bonds

Variable Rate Debt (59.1%)

  • Series 2015 California Municipal Finance Authority Variable Rate Revenue Bonds

The university has entered into an interest rate swap agreement to mitigate interest rate risk on its Variable Rate Debt.