Be aware of fake MDOT texts demanding toll or traffic ticket payments. MDOT does not operate any toll roads. Contact the Michigan Attorney General for information on how to identify scams and file a complaint.
State Trunkline Fund Bonds
State Trunkline Fund (STF) Bonds | CUSIP Base No. | Par Amount Issued | Date Rated | Fitch | Moody's | S&P |
---|---|---|---|---|---|---|
STF Series 2023 | 594695 | $1,193,645,000 | August 2023 | Unrated | Aa2 | AA+ |
STF Series 1998A Refunding | 594695 | $ 377,890,000 | June 1998 | AAA* | Aaa* | AAA* |
STF Series 2004 Refunding | 594695 | $ 103,450,000 | April 2004 | AAA* | Aaa* | AAA* |
STF Series 2004 | 594695 | $ 185,710,000 | August 2004 | AAA* | Aaa* | AAA* |
STF Series 2005 Refunding | 594695 | $ 223,020,000 | April 2005 | AAA* | Aaa* | AAA* |
STF Series 2005B Refunding | 594695 | $ 378,250,000 | August 2005 | AAA* | Aaa* | AAA* |
STF Series 2006 | 594695 | $ 244,525,000 | June 2006 | AAA* | Aaa* | AAA* |
STF Series 2009 and Refunding | 594695 | $ 146,190,000 | October 2009 | Unrated | Aa3 | AA+ |
STF Series 2011 | 594695 | $ 90,980,000 | December 2011 | Unrated | Aa2 | AA+ |
STF Series 2012 Refunding | 594695 | $ 49,305,000 | June 2012 | Unrated | Aa2 | AA+ |
STF Series 2014 Refunding | 594695 | $ 265,085,000 | August 2014 | Unrated | Aa2 | AA+ |
STF Series 2015 Refunding | 594695 | $ 54,055,000 | October 2015 | Unrated | Aa2 | AA+ |
STF Series 2020A Refunding | 594695 | $ 103,485,000 | March 2020 | Unrated | Aa2 | AA+ |
STF Series 2020B | 594695 | $ 800,000,000 | August 2020 | Unrated | Aa2 | AA+ |
STF Series 2021AB New & Refunding | 594695 | $ 854,150,000 | August 2021 | Unrated | Aa2 | AA+ |
*Insured
S&P affirmed the AA+ rating on STF bonds outstanding in August 2023.
Fitch affirmed the AA rating on the STF series 2004 bonds in March of 2019.