Summary of Debt Programs

Revenue Financing System (RFS)

  • Five-year Capital Plan – $1.92 billion
  • $3.5 billion in outstanding bonds; 23 issues outstanding 12/31/2025
  • $222.6 million in outstanding commercial paper
  • 3.76% average interest cost

Permanent University Fund (PUF)

  • Five-year Capital Plan – $1.22 billion
  • $1.5 billion in outstanding bonds; 9 issues outstanding 12/31/2025
  • $215 million in outstanding commercial paper
  • 3.90% average interest cost