Chicago Public Schools
Zero-coupon bonds (capital appreciation), original principal due 12/1/2025
$8.2 million
Exact amount: $8,215,896.00
FY2026 (July 2025–June 2026)
Official Statement: 2025 maturity original principal $8,215,896.00, $1,239.20 per $5,000 at maturity, so $33,150,000 at maturity.
The money borrowed in 1999 on bonds that pay nothing until they mature.
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