State of Texas Veterans Bonds Ser 2020
$168,350,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- January 9, 2020
- Fiscal year issued
- 2020
- Par amount
- $250,000,000
- New money / refunding
- $250,000,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Housing land
- Program
- VLB Land and Housing Bonds
- Sale
- Negotiated
- Final maturity
- December 1, 2050
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $168,350,000 | $14,596,184 | $182,946,184 |
| 2025 | Period 1 | $177,535,000 | $15,559,048 | $193,094,048 |
| 2024 | Year end | $187,150,000 | $16,574,056 | $203,724,056 |
| 2024 | Period 1 | $197,220,000 | $17,643,678 | $214,863,678 |
| 2023 | Year end | $207,755,000 | $18,770,438 | $226,525,438 |
| 2023 | Period 1 | $218,410,000 | $19,954,984 | $238,364,984 |
| 2022 | Year end | $228,210,000 | $21,192,681 | $249,402,681 |
| 2022 | Period 1 | $236,520,000 | $22,475,448 | $258,995,448 |
| 2021 | Year end | $243,160,000 | $23,794,226 | $266,954,226 |
| 2021 | Period 1 | $247,885,000 | $25,138,630 | $273,023,630 |
| 2020 | Year end | $249,850,000 | $26,493,692 | $276,343,692 |
| 2020 | Period 1 | $250,000,000 | $27,849,567 | $277,849,567 |
State issues are reported twice each fiscal year. "Year end" is the balance at the end of the fiscal year (reporting period 2), which the totals on this site use; "Period 1" is the earlier report in the same year.
Costs of issuance
Download CSVOne-time costs reported: $350,065, or $1.40 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.04 |
| Bond counsel | Bracewell LLP | One time | $125,000.00 | $0.50 |
| Co bond counsel | Lannen & Oliver PC | One time | $30,365.00 | $0.12 |
| Financial advisor | Stifel Financial Corp | One time | $87,500.00 | $0.35 |
| Liquidity provider | Federal Home Loan Banks | One time | $0.00 | $0.00 |
| Liquidity provider counsel | Squire Patton Boggs LLP | One time | $10,500.00 | $0.04 |
| Printing | Island Printing | One time | $200.00 | $0.00 |
| Rating agency | Moodys | One time | $20,000.00 | $0.08 |
| Underwriter's spread: expenses | Not reported | One time | $37,000.00 | $0.15 |
| Underwriter's counsel (paid by the underwriter) | Locke Lord LLP | One time | $30,000.00 | $0.12 |
Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.