Chicago Public Schools
Built-up interest on the zero-coupon bonds (accreted interest)
$24.9 million
Exact amount: $24,934,104.00
FY2026 (July 2025–June 2026)
$33,150,000 at maturity minus $8,215,896 original principal.
Interest that piled up since 1999 on bonds that pay it all at the end.
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