$2.86M Brazoria Co mud #56, TX, Fidelity Cap Mkts appears high; NIC 4.4488%

Brazoria County MUD 56 in Texas has $58.6 million in outstanding debt as of fiscal year 2025, all of which is tax-supported. In the same fiscal year, an additional $12.66 million in tax-supported debt was issued. The fiscal year for Texas runs from September 1 to August 31, and the data reflects the most recent reporting period. The debt structure includes both current interest bonds (CIBs) and capital appreciation bonds (CABs), though CABs are uncommon for most local government issuers.

A recent municipal bond offering from the same region, the $2.86 million Brazoria Co MUD #56, TX, has attracted attention due to its high net interest cost (NIC) of 4.4488%. This offering, managed through Fidelity Capital Markets, is being marketed as part of a broader trend of local government debt issuance aimed at funding infrastructure and public services. Investors are advised to review official statements and disclosures available through the Municipal Securities Rulemaking Board’s EMMA system before making investment decisions.