Bondholder Information
The University has provided the following documents and links as resources for bondholders and other interested financial parties. Please contact the Office of Treasury Management if you have further questions.
University Credit Ratings
Harvard University maintains the highest credit ratings from Moody's Investors Service and Standard & Poor's.
Long Term Ratings:
- Moody's: Aaa
- S & P: AAA
Commercial Paper Ratings:
- Moody's: P-1
- S & P: A-1+
Variable Rate Demand Bond Ratings:
- Moody's: Aaa/VMIG-1
- S & P: AAA/A-1+
Information on the University's outstanding debt can be found in the most recent annual financial report.
Related Resources
Bond Documents
- Mass HEFA Revenue Bonds, Series R 1-7, $131,200,000 (Tax-Exempt)
- Mass HEFA Revenue Bonds, Series Y, $117,905,000 (Tax-Exempt)
- President and Fellows of Harvard College, Series 2008A, $388,000,000 (Taxable)
- Mass HEFA Revenue Bonds, Series 2008BC, $208,870,000 (Tax-Exempt)
- Mass HEFA Revenue Bonds, Series 2009A, $1,000,000,000 (Tax-Exempt)
- Mass HEFA Revenue Bonds, Series 2010A, $480,000,000 (Tax-Exempt)
- MassDevelopment Revenue Bonds, Series 2010B, $601,050,000 (Tax-Exempt)
- President and Fellows of Harvard College, Series 2010C, $300,000,000 (Taxable)
- President and Fellows of Harvard College, Series 2013A, $402,000,000 (Taxable)
- President and Fellows of Harvard College, Series 2008D, $1,500,000,000 (Taxable)
- MassDevelopment Revenue Bonds, Series 2016A, $1,539,720,000 (Tax-Exempt)
- President and Fellows of Harvard College, Series 2016B, $1,000,000,000 (Taxable)
- MassDevelopment Revenue Bonds, Series 2020A, $346,680,000 (Tax-Exempt)
- President and Fellows of Harvard College, Series 2020B, $500,000,000 (Taxable)
- President and Fellows of Harvard College, Series 2022A, $500,000,000 (Taxable)
- MassDevelopment Revenue Bonds, Series 2022B, $207,830,000 (Tax-Exempt)
- President and Fellows of Harvard College, Series 2024A, $750,000,000 (Taxable)
- MassDevelopment Revenue Bonds, Series 2024B, $734,995,000 (Tax-Exempt)
- MassDevelopment Revenue Bonds, Series 2025A, $434,080,000 (Tax-Exempt)
- President and Fellows of Harvard College, Series 2025B, $750,000,000 (Taxable)
- MassDevelopment Revenue Bonds, Series 2026A, $696,175,000 (Tax-Exempt)