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On behalf of the Board of Regents of The University of Texas System, I would like to welcome you to our new investor relations website. We appreciate your interest and investment in the System's bonds secured by distributions from the Permanent University Fund, as it allows us to make critical investments in public infrastructure in universities across the U. T. System. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of the Permanent University Fund. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in our bond program.
Terry Hull, Associate Vice Chancellor for Finance