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TxDOT's debt programs are an important source of funds that support providing safe and reliable transportation solutions for the citizens of Texas. The Investor Relations website is designed to promote transparency and provide useful information to investors and analysts.

TxDOT's Innovative Financing/Debt Management Office is responsible for managing the department's debt and financing programs effectively and efficiently to minimize borrowing costs that are supported by taxpayers.

The issuance of debt is performed in a manner that serves the public interest, complies with state and federal tax and securities laws, is within the guidelines of adopted TxDOT policies, and ensures that timely repayment of debt service can be accomplished in a fiscally appropriate manner.

Note: The information provided speaks only as of the date of such information.

TxDOT Primary Bond Programs

Name Fitch Moody's S&P
Highway Improvement General Obligation (HIGO) Bonds AAA Aaa AAA
State Highway Fund Revenue Bonds Not rated Aaa AAA
Texas Mobility Fund Bonds AAA Aaa AAA


TxDOT Toll Revenue Bonds

Name Fitch Moody's S&P
Central Texas Turnpike System Bonds BBB+ Baa1 A-


Related Programs

TxDOT has entered into a Toll Equity Loan Agreement (TELA) with the North Texas Toll Authority (NTTA) and the GPTC for the projects listed below.

Contact Us

Texas Department of Transportation
Innovative Financing/Debt Management Office
Investor Relations
125 East 11th St.
Austin, TX 78701-2483
Phone: (512) 463-5885
Email us

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