🌐 Compiled from MSRB EMMA & public records · read-only public record · debt as of Sep 11, 2026 · latest trade Jun 18, 2026 · latest filing Dec 16, 2025
Credit ratings
not compiled
No agency ratings have been compiled for this issuer from EMMA’s per-security feed. This is a coverage gap, not a statement that the issuer is unrated — ratings may be stated on the official statements or the rating agencies’ own sites.
Maturity profile
par maturing by year · as of Sep 2026
Recent activity
rating actions & filings
Continuing disclosure filed
Dec 16, 2025 · Budget
Continuing disclosure filed
Dec 15, 2025 · Audited Financial Statements or ACFR
Official statement posted
May 8, 2025 · GENERAL OBLIGATION STREET RECONSTRUCTION BONDS, SERIES 2025A
Continuing disclosure filed
Nov 3, 2024 · Budget
Continuing disclosure filed
Dec 4, 2023 · Budget
Continuing disclosure filed
Oct 6, 2022 · Audited Financial Statements or ACFR
In context
Larger than 39% of MN issuers by debt outstanding · #1094 of 1804
Debt overview
EMMA-derived
Outstanding par (EMMA est.)—
Securities25
Callable60%
Debt service
estimated principal + interest by year
Estimated at current coupons — principal at maturity plus a full year’s interest on bonds still outstanding. Compiled from EMMA security data; not a substitute for the official statement.
Outstanding securities
25
Outstanding securities for Independence Minnesota
CUSIP
Series / description
Coupon
Maturity
Outstanding
Ratings
First call
453629HE0
INDEPENDENCE MINN GO BDS 2020 A (MN)*
3.0%
Feb 1, 2027
$40,000
—
—
453629HV2
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2027
$160,000
—
—
453629HW0
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2028
$165,000
—
—
453629HF7
INDEPENDENCE MINN GO BDS 2020 A (MN)*
3.0%
Feb 1, 2028
$220,000
—
—
453629HG5
INDEPENDENCE MINN GO BDS 2020 A (MN)*
3.0%
Feb 1, 2029
$225,000
—
—
453629HX8
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2029
$175,000
—
—
453629HH3
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2030
$230,000
—
Feb. 1, 2029
453629HY6
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2030
$185,000
—
—
453629HZ3
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2031
$195,000
—
—
453629HJ9
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2031
$235,000
—
Feb. 1, 2029
453629JA6
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2032
$200,000
—
—
453629HK6
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2032
$240,000
—
Feb. 1, 2029
453629HL4
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2033
$245,000
—
Feb. 1, 2029
453629JB4
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2033
$215,000
—
—
453629JC2
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2034
$225,000
—
Feb. 1, 2033
453629HM2
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2034
$250,000
—
Feb. 1, 2029
453629JD0
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
5.0%
Feb 1, 2035
$235,000
—
Feb. 1, 2033
453629HN0
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2035
$255,000
—
Feb. 1, 2029
453629HP5
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2036
$260,000
—
Feb. 1, 2029
453629JE8
INDEPENDENCE MINN GO STR RECON BDS 2025A (MN)*
4.0%
Feb 1, 2036
$245,000
—
Feb. 1, 2033
453629HQ3
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2037
$265,000
—
Feb. 1, 2029
453629HR1
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2038
$270,000
—
Feb. 1, 2029
453629HS9
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2039
$275,000
—
Feb. 1, 2029
453629HT7
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.0%
Feb 1, 2040
$280,000
—
Feb. 1, 2029
453629HU4
INDEPENDENCE MINN GO BDS 2020 A (MN)*
2.05%
Feb 1, 2041
$285,000
—
Feb. 1, 2029
Market activity
EMMA · secondary trades · latest Jun 18, 2026
Each dot is a reported secondary trade — yield by trade date, sized by par, colored by trade side. Hover for detail.
Trade dateSecurityPriceYieldSizeSide
Jun 18453629JD0110.993.15%10,000Inter-Dealer Trade
Jun 17453629HX8105.672.74%20,000Inter-Dealer Trade
Jun 17453629HX8105.572.78%20,000Customer Sold
Jun 17453629HX8105.572.78%20,000Inter-Dealer Trade
Mar 13453629JD0112.123.03%10,000Inter-Dealer Trade
Jan 12453629JD0113.202.92%10,000Inter-Dealer Trade
Jan 12453629JD0113.202.92%10,000Inter-Dealer Trade
Trade prints reported to the MSRB — a live market signal a manual issuer page cannot show.
⚠15 callable securities carry a stated call price — refunding candidates as rates move.
Annual financial filings posted to the MSRB’s EMMA, newest first — a reporting-cadence signal. Click a year to open the filing.
9 continuing-disclosure filings compiled
Latest filing within the past year · latest posting 2025-12-16
Counts what BondGov has compiled from the MSRB’s EMMA — a coverage fact, not a compliance rating or a days-late claim. Contact routes show as on file only; the address itself is never published here. Verify on EMMA ↗
Standing
as of Sep 11, 2026
What the public record shows about this issuer’s disclosure practice. Compiled from the MSRB’s EMMA and from award letters governments record themselves. MuniPro confers no credential and issues no rating.
Credentials on record
Conferred by GFOA, recorded from the award letter. Never inferred.
Certificate of Achievement for Excellence in Financial Reporting
No receipt on file
Distinguished Budget Presentation Award
No receipt on file
Popular Annual Financial Reporting Award
No receipt on file
Nothing recorded here means nothing has been recorded — not that an award was withheld.
Dated obligations
Filings a law or contract puts a date on.
Not measured
MuniPro does not hold this issuer’s own continuing-disclosure undertaking date, so no filing is called late here. Why →
Record quality
Disclosure practice — not an assessment of creditworthiness.
Annual reporting compiled
2 of 3
2 of 3 reporting years (2023–2025) have an annual financial filing compiled from the MSRB’s EMMA. The denominator is MuniPro’s 3-year reading window — it is NOT a filing obligation, and a missing year here means no filing was compiled, not that one was owed and skipped.
Record freshness
Within the past year
The newest continuing-disclosure filing MuniPro has compiled for this issuer was posted 269 days ago. This is the age of the public record — it is not a lateness claim, because MuniPro does not hold the date this issuer’s undertaking sets.
Filing timeliness
Not measured
Timeliness needs the date this issuer’s own continuing-disclosure undertaking sets. MuniPro does not hold it, and will not substitute a generic interval.
Standing describes disclosure practice — not an assessment of creditworthiness. It is not a rating, a rank against other governments, or a MuniPro credential.
See the full computation →
Frequently asked questions
Outstanding securities, official statements, and continuing-disclosure filings are compiled from the MSRB’s EMMA system and other public records. This profile is auto-compiled and has not yet been claimed by the issuer.
No. BondGov aggregates public information for transparency. Nothing here is an offer, solicitation, or recommendation. Consult the official statement and your own advisors before investing.