Summary of Debt Programs

Revenue Financing System (RFS)

• Five-year Capital Plan – $1.80 billion
• $3.4 billion in outstanding bonds; 22 issues outstanding 11/30/2024
• $195 million in outstanding commercial paper
• 3.76% average interest cost

Permanent University Fund (PUF)

• Five-year Capital Plan – $834 million
• $1.5 billion in outstanding bonds; 11 issues outstanding 11/30/2024
• $125 million in outstanding commercial paper
• 3.94% average interest cost