Summary of Debt Programs

Revenue Financing System (RFS)

• Five-year Capital Plan – $1.98 billion
• $3.2 billion in outstanding bonds; 23 issues outstanding 5/31/2026
• $270.1 million in outstanding commercial paper
• 3.78% average interest cost

Permanent University Fund (PUF)

• Five-year Capital Plan – $1.66 billion
• $1.5 billion in outstanding bonds; 9 issues outstanding 5/31/2026
• $300 million in outstanding commercial paper
• 3.80% average interest cost