The Tennessee Valley Authority is a wholly-owned, but self-funded agency of the U.S. government. TVA meets its funding needs with operating revenues and power program financings. TVA debt securities are secured by revenues from its power system and are issued only for power program purposes, including refinancing of existing debt. TVA debt securities are not obligations of the U.S. government and do not carry a government guarantee.
TVA issues a variety of debt securities. TVA Discount Notes have maturities of less than one year. TVA may issue long-term bonds with final maturities of up to 50 years. These bonds and notes are available to investors through banks, brokers and investment dealers. Information about the specific types of bonds and notes TVA issues is provided below.
Long-Term Power Bonds
Global and domestic issues offered with varying maturities, structures and interest payment time frames and in different currencies
This retail bond program offers a series of issues with a variety of structures targeted to individual investors. electronotes® are generally issued once a month.
To find a CUSIP number, coupon rate, maturity date and other pertinent information on TVA's outstanding issued electronotes®, see the Summary of Information Sheet.
Bonds that trade on the New York Stock Exchange under the symbols "TVC" and "TVE"
Offered for sale on a periodic basis through participating investment dealers and dealer banks