Summary of Debt Programs

Revenue Financing System (RFS)

• Five-year Capital Plan – $1.95 billion
• $3.2 billion in outstanding bonds; 21 issues outstanding 08/31/2023
• $123 million in outstanding commercial paper
• 3.61% average interest cost

Permanent University Fund (PUF)

• Five-year Capital Plan – $682.3 million
• $1.5 billion in outstanding bonds; 12 issues outstanding 08/31/2023
• No outstanding commercial paper
• 4.02% average interest cost