Detroit Michigan Sew Disposal Revenue is a city in MI with $4.1B of municipal debt outstanding across 99 securities maturing through 2036. Its senior debt is rated A2 by Moody's and AA by S&P. It is among the largest issuers in MI by debt outstanding and has reported continuing disclosure to EMMA as recently as December 2025.
Compiled from MSRB EMMA & public records · read-only public record
Are you Detroit Michigan Sew Disposal Revenue? Claim this profile to publish a leadership letter, post updates to investors, and verify the public record.
Claim this profileOutstanding par—
Securities99
Avg coupon4.99%
Callable22%
Next call2018
Maturity profile
par maturing by yearCredit ratings
agency-statedMoody's
A2
25 rated securities
S&P
AA
17 rated securities
Fitch
A
2 rated securities
KBRA
AA+
4 rated securities
Debt overview
EMMA-derivedOutstanding par—
Securities99
Callable22%
Recent market activity
EMMA · trade-reportedTrade dateSecurityPriceYieldSizeSide
Dec 5
2512373S0
105.55
3.82%
10,000
Inter-Dealer Trade
Dec 5
2512373S0
105.50
3.84%
10,000
Inter-Dealer Trade
Dec 5
2512373S0
105.25
3.91%
10,000
Inter-Dealer Trade
Dec 5
2512373S0
105.55
3.82%
10,000
Customer Bought
Dec 5
2512373S0
104.92
4.00%
20,000
Inter-Dealer Trade
Dec 5
2512373S0
104.92
4.00%
20,000
Customer Bought
Dec 5
2512373S0
104.86
4.02%
20,000
Customer Sold
Trade prints reported to the MSRB — a live market signal a manual issuer page cannot show.
12 callable securities carry a stated call price — refunding candidates as rates move.
Outstanding securities
99| CUSIP | Series / description | Coupon | Maturity | Outstanding | Ratings | First call |
|---|---|---|---|---|---|---|
| 251237Y49 | PREREFUNDED-REF-SR-LIEN-SER A | 5.0% | July 1, 2026 | $22,925,000 | — | — |
| 251237Y80 | UNREFUNDED BAL-REF-SR-LIEN-A | 5.0% | July 1, 2026 | $9,005,000 | — | — |
| 251237ZL0 | REF-SR LIEN-SER A | 5.0% | July 1, 2026 | $31,930,000 | — | — |
| 251237VW0 | DETROIT MICH SEW DISP REV SWR DISP REV BDS 1999 A (MI… | 5.75% | July 1, 2026 | $75,825,000 | — | — |
| 251237WL3 | SER A-NATL IBC | 5.875% | July 1, 2027 | — | — | — |
| 2512375Y5 | VAR-REF-SR LIEN-SER C-1-RMKT | 0.0% | July 1, 2027 | — | AA | — |
| 251237UF8 | SER A | 5.0% | July 1, 2027 | $66,415,000 | — | — |
| 2512376P3 | DETROIT MICH SEW DISP REV REV REF BDS 2001 C-1 (MI)* | 7.0% | July 1, 2027 | $110,510,000 | — | — |
| 2512374N0 | REF-SR LIEN-C-2-RMKT 05/08/08 | 4.5% | July 1, 2027 | $4,090,000 | — | — |
| 251237WZ2 | VAR-REF-SR LIEN-SER C-1 | 0.0% | July 1, 2027 | $159,970,000 | — | — |
| 251237WB5 | DETROIT MICH SEW DISP REV SWR DISP REV BDS 1999 A (MI… | 5.875% | July 1, 2027 | $37,630,000 | — | — |
| 2512376W8 | ROCS RR II R-11941 | 0.0% | Jan. 3, 2028 | $21,020,000 | — | — |
| 2512376X6 | ROLS RR II R-11941-1 | 0.0% | Jan. 3, 2028 | $14,015,000 | — | — |
| 251237Y98 | UNREFUNDED BAL-REF-SR-LIEN-A | 5.0% | July 1, 2028 | $19,485,000 | — | — |
| 251237Y56 | PREREFUNDED-REF-SR-LIEN-SER A | 5.0% | July 1, 2028 | $49,585,000 | — | — |
| 2512374P5 | REF-SR LIEN-C-2-RMKT 05/08/08 | 5.25% | July 1, 2028 | $21,600,000 | — | — |
| 251237ZM8 | REF-SR LIEN-SER A | 5.0% | July 1, 2028 | $69,070,000 | — | — |
| 251237WE9 | — | — | July 1, 2029 | $4,195,000 | — | May 20, 2026 |
| 251237VV2 | DETROIT MICH SEW DISP REV SWR DISP REV BDS 1999 A (MI… | 6.0% | July 1, 2029 | $113,695,000 | — | — |
| 2512375A7 | FLOATERS-SER 2719 | 0.0% | July 1, 2029 | — | — | — |
| 2512373N1 | SECOND LIEN-B-FGIC-FSA-CR | 5.5% | July 1, 2029 | $25,420,000 | A2AAAA+ | — |
| 2512373S0 | SECOND LIEN-B-AGC-ICC | 5.5% | July 1, 2029 | $31,080,000 | A2AAAA | — |
| 2512373V3 | BRUTS-SER C09 | 0.0% | July 1, 2029 | — | — | — |
| 251237WF6 | FIXED RATE-TRS-A75-REG D | 0.0% | July 1, 2029 | — | — | May 20, 2026 |
| 251237XM0 | VAR-SER G | 0.0% | July 1, 2029 | $17,040,000 | — | July 6, 2026 |
| 2512375B5 | RESIDUALS-SER 2719-1 | 0.0% | July 1, 2029 | — | — | — |
| 2512373X9 | VAR-REF-SR LIEN-C2-RMK-5/08/08 | 0.0% | July 1, 2029 | $122,905,000 | — | — |
| 251237XA6 | VAR-REF-SR LIEN-SER C-2 | 0.0% | July 1, 2029 | $127,165,000 | — | — |
| 251237WD1 | FLTG RATE-TRS-A75-REG D | 0.0% | July 1, 2029 | $43,000,000 | — | May 20, 2026 |
| 2512373U5 | MERLOTS-SER C09 | 0.0% | July 1, 2029 | — | — | — |
| 251237WG4 | FLTG RATE RCPTS-SER SG 133 | 0.0% | July 1, 2029 | — | — | — |
| 251237WV1 | — | 5.5% | July 1, 2029 | $110,550,000 | — | — |
| 2512374Q3 | REF-SR LIEN-C-2-RMKT 05/08/08 | 5.25% | July 1, 2029 | $93,540,000 | — | — |
| 251237Z55 | UNREFUNDED BAL-SECOND LIEN-A | 5.0% | July 1, 2030 | $19,415,000 | — | — |
| 251237F73 | SECOND LIEN-SER A | 5.0% | July 1, 2030 | $35,890,000 | A2 | — |
| 2512376A6 | UNREFUNDED-2ND LIEN-A-AGC-ICC | 5.0% | July 1, 2030 | $2,705,000 | A2 | — |
| 251237Z30 | PREREFUNDED-SECOND LIEN-SER A | 5.0% | July 1, 2030 | $16,475,000 | — | — |
| 251237WU3 | REF-SR LIEN-SER A | 5.125% | July 1, 2031 | $73,870,000 | — | — |
| 2512375H2 | FLOATERS-SER 2758 | 0.0% | July 1, 2031 | — | — | — |
| 2512375S8 | RESIDUALS-SER 2780 | 0.0% | July 1, 2031 | — | — | — |
| 2512374R1 | SECOND LIEN-E-RMKT 05/07/08 | 5.75% | July 1, 2031 | $136,150,000 | Aa1AA+ | — |
| 2512375R0 | FLOATERS-SER 2780 | 0.0% | July 1, 2031 | — | — | — |
| 251237WW9 | — | 3.74% | July 1, 2031 | $139,080,000 | — | — |
| 251237W66 | — | 3.248% | July 1, 2032 | $370,000,000 | — | July 1, 2026 |
| 251237Y64 | PREREFUNDED-REF-SR-LIEN-SER A | 5.0% | July 1, 2032 | $97,450,000 | — | — |
| 251237ZN6 | REF-SR LIEN-SER A | 5.0% | July 1, 2032 | $135,740,000 | — | — |
| 251237WY5 | SECOND LIEN-SER D-2 | 0.52% | July 1, 2032 | $72,450,000 | — | — |
| 251237X73 | P-FLOATS-PT-3755 | 0.0% | July 1, 2032 | $23,500,000 | — | — |
| 251237X57 | P-FLOATS-PT-3756 | 0.0% | July 1, 2032 | $14,995,000 | — | — |
| 251237Z71 | P-FLOATS-MT-324 | 0.0% | July 1, 2032 | $29,995,000 | — | — |
| 251237Z89 | RITES-MT-324 | 0.0% | July 1, 2032 | $5,000 | — | — |
| 251237X65 | RITES-PT-3756 | 0.0% | July 1, 2032 | $5,000 | — | July 1, 2026 |
| 251237WX7 | SECOND LIEN-SER D-1 | 5.5% | July 1, 2032 | $20,000,000 | — | — |
| 251237X81 | RITES-PT-3755 | 0.0% | July 1, 2032 | $5,000 | — | — |
| 251237Z22 | UNREFUNDED BAL-REF-SR-LIEN-A | 5.0% | July 1, 2032 | $38,290,000 | — | — |
| 2512375X7 | VAR-SR LIEN-SER B-RMKT | 0.0% | July 1, 2033 | — | AA | — |
| 2512377M9 | DETROIT MICH SEW DISP REV REV REF BDS 2003 B (MI)* | 7.5% | July 1, 2033 | $100,000 | — | July 1, 2019 |
| 2512376Q1 | DETROIT MICH SEW DISP REV REV REF BDS 2003 B (MI)* | 7.5% | July 1, 2033 | $150,000,000 | A1AA | May 20, 2026 |
| 251237Z63 | UNREFUNDED BAL-SECOND LIEN-A | 5.125% | July 1, 2033 | $24,820,000 | — | — |
| 251237F81 | SECOND LIEN-SER A | 5.125% | July 1, 2033 | $41,165,000 | A2 | — |
| 2512377L1 | DETROIT MICH SEW DISP REV REV REF BDS 2003 B (MI)* | 7.5% | July 1, 2033 | $25,550,000 | AA | — |
| 251237N74 | SYS-SECOND LIEN-SER B | 5.0% | July 1, 2033 | $24,400,000 | A2 | — |
| 2512373Q4 | SYS-SECOND LIEN-SER B-NATL IBC | 5.0% | July 1, 2033 | $7,000,000 | A2 | — |
| 251237Z48 | PREREFUNDED-SECOND LIEN-SER A | 5.125% | July 1, 2033 | $16,345,000 | — | — |
| 251237ZS5 | VAR-SR LIEN-SER B | 0.0% | July 1, 2033 | $150,000,000 | AA+ | — |
| 251237N82 | SYS-SECOND LIEN-SER B | 4.625% | July 1, 2034 | $40,000,000 | A2 | — |
| 2512377K3 | UNREFUNDED BALANCE-SECOND | 4.5% | July 1, 2035 | — | A2AA | July 1, 2035 |
| 251237G23 | SECOND LIEN-SER A | 4.5% | July 1, 2035 | $47,000,000 | A2A+ | May 20, 2026 |
| 2512377E7 | PREREFUNDED-SECOND LIEN-SER A | 4.5% | July 1, 2035 | $46,015,000 | — | — |
| 2512373W1 | SECOND LIEN-SER A-BHAC NICO | 5.0% | July 1, 2035 | $31,785,000 | Aa1 | — |
| 2512377C1 | 2ND LIEN-A-EXCHANGE-BHAC-CR | 5.0% | July 1, 2035 | — | Aa1 | — |
| 2512376Z1 | — | 5.0% | July 1, 2035 | $31,785,000 | — | — |
| 2512377J6 | PREREFUNDED-SECOND LIEN-SER | 4.5% | July 1, 2035 | — | A2 | — |
| 2512377G2 | — | 4.5% | July 1, 2035 | $100,000 | — | July 21, 2018 |
| 2512375Z2 | SECOND LIEN-SER A-AGC-ICC | 4.5% | July 1, 2035 | $11,900,000 | A2AA | May 21, 2026 |
| 251237F99 | SECOND LIEN-SER A | 5.0% | July 1, 2035 | $138,945,000 | — | — |
| 2512375D1 | RESIDUALS-SER 2721-1 | 0.0% | July 1, 2036 | — | — | — |
| 2512373Z4 | SYS-SECOND LIEN-A-RMKT 5/07/08 | 5.5% | July 1, 2036 | $123,655,000 | AA+ | — |
| 2512377P2 | — | 5.0% | July 1, 2036 | $100,000 | — | May 20, 2026 |
| 2512375C3 | FLOATERS-SER 2721 | 0.0% | July 1, 2036 | — | — | — |
| 2512377S6 | UNREFUNDED BALANCE-SYS-SECOND | 5.0% | July 1, 2036 | — | A2A+A | July 26, 2023 |
| 2512373R2 | SYS-SECOND LIEN-SER B-AGC-ICC | 5.0% | July 1, 2036 | $11,900,000 | A2AAAA | May 20, 2026 |
| 2512375F6 | RESIDUALS-SER 2721-3 | 0.0% | July 1, 2036 | — | — | — |
| 2512377Q0 | PREREFUNDED-2ND LIEN-B-AGC-ICC | 5.0% | July 1, 2036 | — | A2 | — |
| 2512377A5 | — | 5.0% | July 1, 2036 | $55,000,000 | — | — |
| 2512373M3 | SYS SECOND LIEN-B-FGIC-FSA-CR | 5.0% | July 1, 2036 | — | A2AAA | May 21, 2026 |
| 2512375G4 | RESIDUALS-SER 2721-4 | 0.0% | July 1, 2036 | — | — | — |
| 2512373L5 | CUSTODIAL RCPTS-SER 2162 | 5.0% | July 1, 2036 | $30,000,000 | — | July 1, 2026 |
| 2512373J0 | FLOATERS-SER 2162 | 0.0% | July 1, 2036 | $30,540,000 | — | July 1, 2026 |
| 2512377N7 | PREREFUNDED-SYS-SECOND LIEN | 5.0% | July 1, 2036 | $100,920,000 | — | — |
| 2512377D9 | SYS-2ND-B-EXCHANGE-BHAC-CR | 5.0% | July 1, 2036 | — | Aa1 | — |
| 2512373P6 | SYS-SECOND LIEN-SER B-NATL IBC | 5.0% | July 1, 2036 | $55,750,000 | A2A+ | May 21, 2026 |
| 2512373K7 | RESIDUALS-SER 2162 | 0.0% | July 1, 2036 | $20,000 | — | July 1, 2026 |
| 2512377R8 | PREREFUNDED-SYS-SECOND | 5.0% | July 1, 2036 | — | A2 | — |
| 2512377B3 | SYS-2ND LIEN-B-EXCHANGE-AGM-CR | 5.0% | July 1, 2036 | — | A2AA | — |
| 251237P23 | VAR-SYS-SECOND LIEN-SER A | 0.0% | July 1, 2036 | $125,000,000 | — | — |
| 251237N90 | SYS-SECOND LIEN-SER B | 5.0% | July 1, 2036 | $156,600,000 | — | May 20, 2026 |
| 2512375W9 | 2ND LIEN-B-FGIC-FSA-CR-BHAC-CR | 5.0% | July 1, 2036 | — | Aa1AA+ | May 20, 2026 |
| 2512373Y7 | VAR-REF-2ND LIEN-A-RMK-5/07/08 | 0.0% | July 1, 2036 | — | — | — |
Reporting reliability
5/5
Excellent
50 continuing-disclosure filings on EMMA · most recent Dec 2025
Continuing disclosure
50 recentAnnual Financial Information and Operating Data: 2025 Operating Data - …
Dec 23, 2025 · 251237
Audited Financial Statements or ACFR: 2025 Audited Financial Statements…
Dec 23, 2025 · 251237
Audited Financial Statements or ACFR: 2025 Annual Comprehensive Financi…
Dec 23, 2025 · 251237
Other Financial / Operating Data: Incorporate OS by Reference
Jun 30, 2025 · 251237
Other Financial / Operating Data: Incorporate OS by Reference
Jun 30, 2025 · 251237
Audited Financial Statements or ACFR: 2024 Annual Comprehensive Financi…
Dec 20, 2024 · 251237
Annual Financial Information and Operating Data: 2024 Operating Data - …
Dec 20, 2024 · 251237
Audited Financial Statements or ACFR: 2024 Audited Financial Statements…
Dec 20, 2024 · 251237
Other Financial / Operating Data: Incorporate OS by Reference
Dec 19, 2024 · 251237
Other Financial / Operating Data: Incorporate OS by Reference
Jun 6, 2024 · 251237
Other Financial / Operating Data: Incorporate OS by Reference
Jun 6, 2024 · 251237
Audited Financial Statements or ACFR: 2023 ACFR - Detroit
Dec 29, 2023 · 251237
Document library
60 filings · sourced from EMMA & the issuer
D
Annual Data
2025 Operating Data - Sewer
Annual / Operating DataDec 2025
Annual Dataemma_cd
D
Financial
2025 Audited Financial Statements - Sewage
Financial ReportsDec 2025
Financialemma_cd
D
Financial
2025 Annual Comprehensive Financial Report - GLWA
Financial ReportsDec 2025
Financialemma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsJun 2025
Otheremma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsJun 2025
Otheremma_cd
D
Financial
2024 Annual Comprehensive Financial Report - GLWA
Financial ReportsDec 2024
Financialemma_cd
D
Annual Data
2024 Operating Data - Sewer
Annual / Operating DataDec 2024
Annual Dataemma_cd
D
Financial
2024 Audited Financial Statements - Sewage
Financial ReportsDec 2024
Financialemma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsDec 2024
Otheremma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsJun 2024
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D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsJun 2024
Otheremma_cd
D
Financial
2023 ACFR - Detroit
Financial ReportsDec 2023
Financialemma_cd
D
Financial
2023 Annual Comprehensive Financial Report - GLWA
Financial ReportsDec 2023
Financialemma_cd
D
Annual Data
2023 Operating Data - Sewer
Annual / Operating DataDec 2023
Annual Dataemma_cd
D
Financial
2023 Audited Financial Statements - Sewage
Financial ReportsDec 2023
Financialemma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsDec 2023
Otheremma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsDec 2023
Otheremma_cd
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Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsMay 2023
Otheremma_cd
D
Financial
2022 Audited Financial Statements - Sewage
Financial ReportsDec 2022
Financialemma_cd
D
Financial
2022 ACFR - Detroit
Financial ReportsDec 2022
Financialemma_cd
D
Annual Data
2022 Operating Data - Sewer
Annual / Operating DataDec 2022
Annual Dataemma_cd
D
Financial
2022 Annual Comprehensive Financial Report - GLWA
Financial ReportsDec 2022
Financialemma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsSep 2022
Otheremma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsSep 2022
Otheremma_cd
D
Other
Other Financial / Operating Data: 2021 Officer s Certificate
Other FilingsDec 2021
Otheremma_cd
D
Financial
2021 ACFR - Detroit
Financial ReportsDec 2021
Financialemma_cd
D
Financial
2021 Audited Financial Statements - Sewage
Financial ReportsDec 2021
Financialemma_cd
D
Financial
2021 Comprehensive Annual Financial Report - GLWA
Financial ReportsDec 2021
Financialemma_cd
D
Financial
2021 Audited Financial Statements - Water
Financial ReportsDec 2021
Financialemma_cd
D
Annual Data
2021 Operating Data - Sewer
Annual / Operating DataDec 2021
Annual Dataemma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsNov 2021
Otheremma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsFeb 2021
Otheremma_cd
D
Other
Other Financial / Operating Data: 2020 Officer s Certificate
Other FilingsDec 2020
Otheremma_cd
D
Annual Data
2020 Operating Data - City
Annual / Operating DataDec 2020
Annual Dataemma_cd
D
Financial
2020 CAFR - GLWA (Updated Transmittal Letter)
Financial ReportsDec 2020
Financialemma_cd
D
Financial
2020 CAFR - Detroit
Financial ReportsDec 2020
Financialemma_cd
D
Annual Data
2020 Operating Data - Sewer
Annual / Operating DataDec 2020
Annual Dataemma_cd
D
Financial
2020 Audited Financial Statements - Sewage
Financial ReportsDec 2020
Financialemma_cd
D
Financial
2020 CAFR - GLWA
Financial ReportsDec 2020
Financialemma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsOct 2020
Otheremma_cd
D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsOct 2020
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Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsJun 2020
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D
Other
Other Financial / Operating Data: Incorporate OS by Reference
Other FilingsMay 2020
Otheremma_cd
D
Credit
Other Financial / Operating Data: Notice of Consideration of Refunding Transaction
Credit & RatingsFeb 2020
Creditemma_cd
D
Credit
2019 Operating Data - Sewer (Updated)
Credit & RatingsFeb 2020
Creditemma_cd
D
Financial
2019 Audited Financial Statements - Sewage
Financial ReportsJan 2020
Financialemma_cd
D
Annual Data
2019 Operating Data - Sewer
Annual / Operating DataDec 2019
Annual Dataemma_cd
D
Other
Other Financial / Operating Data: 2019 Officer s Certificate
Other FilingsDec 2019
Otheremma_cd
D
Financial
2019 CAFR - GLWA
Financial ReportsDec 2019
Financialemma_cd
D
Annual Data
2019 Operating Data - City
Annual / Operating DataDec 2019
Annual Dataemma_cd
D
OS
SEWAGE DISPOSAL SYSTEM REVENUE BONDS, SERIES 1999-A
Official StatementsJul 2013
OSemma_os
D
OS
SEWAGE DISPOSAL SYSTEM SENIOR LIEN REVENUE REFUNDING BONDS, SERIES 2004 A
Official StatementsJul 2013
OSemma_os
D
OS
SECOND LIEN REV BDS (ARCS) SERIES D-2
Official StatementsSep 2010
OSemma_os
D
OS
SEWAGE DISPOSAL SYSTEM SENIOR LIEN REVENUE BONDS (MODAL FIXED RATE) SERIES 2003(B)
Official StatementsJun 2009
OSemma_os
D
OS
REV BDS 2006A
Official StatementsMay 2008
OSemma_os
D
OS
P-FLOATS-PT-3756
Official StatementsDec 2006
OSemma_os
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OS
SENIOR LIEN REV REFUNDING BDS REMARKETING SERIES 1998-A
Official StatementsDec 2006
OSemma_os
D
OS
SENIOR LIEN REV REFUNDING BDS REMARKETING SERIES 1998-B
Official StatementsDec 2006
OSemma_os
D
OS
SECOND LIEN REV BDS SERIES 2006B
Official StatementsAug 2006
OSemma_os
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OS
SECOND LIEN REV BDS SERIES 2006B
Official StatementsAug 2006
OSemma_os