Bonds

Bond Offering

Permanent University Fund Bond Series 2026A

Permanent University Fund Bond Series 2026A

Par Amount
$388,410,000
Tax Status
Tax-Exempt
Sale Date
Week of 03/01/2026
Sector
Higher Education
State
Texas
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
04/02/2026

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
Feb 2026
S&P
AAA
Outlook
Stable
Date
Feb 2026
Fitch
AAA
Outlook
Stable
Date
Feb 2026

Senior Manager

J.P. Morgan Securities Inc.

Co-Senior Manager

RBC Capital Markets

Co-Managers

Academy Securities
FHN Financial
Frost Bank
Hilltop Securities Inc.
Loop Capital
Truist Securities