Veterans Bonds Txbl Ref Ser 2025C

$181,135,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date: August 7, 2025
Fiscal year issued: 2025
Par amount: $181,135,000
New money / refunding: $0 / $181,135,000
Pledge: Tax-supported (general obligation)
Purpose: Refunding
Program: VLB Land and Housing Bonds
Sale: Negotiated
Final maturity: December 1, 2037

Debt outstanding by fiscal year

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Period	Principal	Interest	Total debt service
2025	Year end	$181,135,000	$41,321,444	$222,456,444

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

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One-time costs reported: $351,027, or $1.94 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
Cost	Paid to	Type	Amount	Per $1,000
Attorney General review	Not reported	One time	$9,500.00	$0.05
Bond counsel	Bracewell LLP	One time	$150,000.00	$0.83
Financial advisor	Stifel Nicolaus & Company Inc	One time	$125,000.00	$0.69
Rating agency	Moodys	One time	$30,000.00	$0.17
Underwriter's spread: expenses	Not reported	One time	$6,527.38	$0.04
Underwriter's counsel (paid by the underwriter)	Troutman Pepper Locke LLP	One time	$30,000.00	$0.17

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.