I

Indiana State Finance Authority Environmental Revenue

Corporate· IN· Unclaimed profile

Outstanding (EMMA est.)—

RatingsA S&P · BB- Fitch

Last filingAug 2026

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BondGov profile for Indiana State Finance Authority Environmental Revenue, compiled from public sources

Compiled from MSRB EMMA & public records · read-only public record · debt as of Sep 13, 2026 · latest trade Sep 11, 2026 · latest filing Aug 27, 2026

Credit ratings

agency-stated

S&P

A

9 rated securities · insured

Fitch

BB-

1 rated security · insured

Outstanding par by rating agency and grade
Agency	Rating	Par	Share	CUSIPs
S&P	AA-	$127.1M	29.9%	2
	B-	$117.8M	27.8%	2
	A	$84.0M	19.8%	3
	A+	$51.5M	12.1%	1
	BBB+	$44.0M	10.4%	1

Par-weighted mix of agency grades across the outstanding securities EMMA lists for this issuer; shares are of each agency’s rated par. A split usually reflects distinct liens or credits under one issuer, not disagreement about a single credit.

Maturity profile

par maturing by year · as of Sep 2026

Recent activity

rating actions & filings

Other Financial / Operating Data filed

Aug 27, 2026 · Other Financial / Operating Data: Nippon Steel Corporation - An…

Quarterly / Monthly Financial Information filed

Aug 13, 2026 · Quarterly / Monthly Financial Information: Duke Energy Corporat…

Quarterly / Monthly Financial Information filed

Aug 4, 2026 · Quarterly / Monthly Financial Information: United States Steel …

Quarterly / Monthly Financial Information filed

Jun 25, 2026 · Quarterly / Monthly Financial Information: NIPPON Steel Audited…

Quarterly / Monthly Financial Information filed

May 16, 2026 · Quarterly / Monthly Financial Information: Duke Energy Corporat…

Quarterly / Monthly Financial Information filed

May 15, 2026 · Quarterly / Monthly Financial Information: United States Steel …

In context

Among the largest IN issuers by debt outstanding · #12 of 1507

Debt overview

EMMA-derived

Outstanding par (EMMA est.)—

Securities29

Callable14%

Outstanding securities

29

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Outstanding securities for Indiana State Finance Authority Environmental Revenue
CUSIP	Series / description	Coupon	Maturity	Outstanding	Ratings	First call
455054AM8	INDIANA ST FIN AUTH ENVIRONMENTAL REV REV BDS UNITED …	6.0%	Dec 1, 2026	$88,810,000	Fitch BB-	—
455054BE5	INDIANA ST FIN AUTH ENVIRONMENTAL REV IMPT REF BDS UN…	4.125%	Dec 1, 2026	$88,810,000	S&P B-	—
455054AD8	VAR-REF-IMPT-MITTAL STEEL USA	0.16%	Aug 1, 2030	$38,000,000	—	June 1, 2026
455054AQ9	VAR-REF-IMPT-MITTAL STEEL USA-	0.0%	Aug 1, 2030	—	—	June 1, 2026
455054AR7	VAR-REF-IMPT-MITTAL STEEL USA-	0.0%	Aug 1, 2030	—	—	June 1, 2026
455054AE6	VAR-REF-DUKE ENERGY IND PJ-A-2	0.0%	Mar 1, 2031	$23,000,000	—	—
455054BH8	INDIANA ST FIN AUTH ENVIRONMENTAL REV REF AMT BDS DUK…	3.75%	Jun 1, 2031	$23,000,000	—	—
455054AH9	VAR-REF-DUKE ENERGY IND PJ-A-1	0.0%	May 1, 2035	$44,025,000	—	—
455054BG0	INDIANA ST FIN AUTH ENVIRONMENTAL REV REF AMT BDS DUK…	4.5%	May 1, 2035	$44,025,000	S&P BBB+	May 1, 2035
455054AC0	INDIANA ST FIN AUTH ENVIRONMENTAL REV REV REF BDS ISP…	0.11%	Jun 1, 2035	$51,480,000	S&P A+	June 1, 2026
455054BN5	INDIANA ST FIN AUTH ENVIRONMENTAL REV IMPT REF BDS SO…	3.55%	May 1, 2037	$22,000,000	—	—
455054BB1	INDIANA ST FIN AUTH ENVIRONMENTAL REV ENVIRONMENTAL I…	1.95%	May 1, 2037	$22,000,000	—	—
455054AY2	VAR-REF-IMPT-SOUTHN IND GAS &	0.0%	May 1, 2037	—	—	—
455054AU0	INDIANA ST FIN AUTH ENVIRONMENTAL REV REV BDS SOUTHER…	4.0%	Mar 1, 2038	$22,200,000	—	—
455054BK1	INDIANA ST FIN AUTH ENVIRONMENTAL REV AMT IMPT REF BD…	4.0%	Mar 1, 2038	$22,200,000	S&P A	March 1, 2038
455054BD7	INDIANA ST FIN AUTH ENVIRONMENTAL REV AMT IMPT BDS UN…	6.75%	May 1, 2039	$33,300,000	—	Nov. 1, 2030
455054AK2	INDIANA ST FIN AUTH ENVIRONMENTAL REV REF REV BDS DUK…	6.0%	Aug 1, 2039	$55,000,000	—	—
455054AG1	INDIANA ST FIN AUTH ENVIRONMENTAL REV REF BDS DUKE EN…	0.09%	Dec 1, 2039	$77,125,000	—	June 1, 2026
455054AJ5	INDIANA ST FIN AUTH ENVIRONMENTAL REV VAR REF REV BDS…	0.06%	Dec 1, 2039	$77,125,000	S&P AA-	June 1, 2026
455054AL0	INDIANA ST FIN AUTH ENVIRONMENTAL REV REF REV BDS DUK…	4.95%	Oct 1, 2040	$50,000,000	—	—
455054AB2	VAR-PSI ENERGY INC PROJS-SER B	0.0%	Oct 1, 2040	$50,000,000	—	—
455054AF3	INDIANA ST FIN AUTH ENVIRONMENTAL REV VAR REV BDS DUK…	0.05%	Oct 1, 2040	$50,000,000	S&P AA-	June 1, 2026
455054AA4	VAR-PSI ENERGY INC PROJS-SER C	0.0%	Oct 1, 2040	$50,000,000	—	—
455054AT3	INDIANA ST FIN AUTH ENVIRONMENTAL REV REV BDS UNITED …	5.75%	Aug 1, 2042	$29,000,000	S&P B-	Aug. 1, 2022
455054AV8	INDIANA ST FIN AUTH ENVIRONMENTAL REV REV BDS SOUTHER…	4.05%	May 1, 2043	$39,550,000	—	—
455054BL9	INDIANA ST FIN AUTH ENVIRONMENTAL REV AMT IMPT REF BD…	4.0%	May 1, 2043	$39,550,000	S&P A	May 1, 2028
455054BC9	INDIANA ST FIN AUTH ENVIRONMENTAL REV IMPT REF REV BD…	4.0%	Sep 1, 2044	$22,300,000	S&P A	Sept. 1, 2019
455054BF2	INDIANA ST FIN AUTH ENVIRONMENTAL REV IMPT BDS FULCRU…	0.28%	Dec 15, 2045	$375,000,000	—	—
455054BJ4	INDIANA ST FIN AUTH ENVIRONMENTAL REV IMPT BDS FULCRU…	4.5%	Dec 15, 2046	$500,000,000	—	—

Market activity

EMMA · secondary trades · latest Sep 11, 2026

Each dot is a reported secondary trade — yield by trade date, sized by par, colored by trade side. Hover for detail.

Trade dateSecurityPriceYieldSizeSide

Sep 11 455054BC9 82.59 5.54% 5,000 Customer Sold

Sep 11 455054BC9 83.71 5.43% 5,000 Inter-Dealer Trade

Sep 11 455054BC9 83.21 5.48% 5,000 Inter-Dealer Trade

Sep 10 455054AF3 100.00 — 400,000 Inter-Dealer Trade

Sep 10 455054AF3 100.00 — 400,000 Customer Sold

Sep 8 455054BC9 84.68 5.34% 70,000 Customer Sold

Sep 8 455054BC9 85.68 5.24% 70,000 Inter-Dealer Trade

Trade prints reported to the MSRB — a live market signal a manual issuer page cannot show.

11 callable securities carry a stated call price — refunding candidates as rates move.

Recent rating actions

Moody's · S&P · Fitch · KBRA

S&P Upgraded To 'B' On Debt Reduction And Windfall Cash Flow; Outlook Positive Recordpriceshelpreversethreeyearsofnegativefreecashflowa…

Sep 20, 2021

Upgrade B Outlook Positive

View the filing on EMMA ↗

Rating actions as disclosed by the issuer to the MSRB’s EMMA system under SEC Rule 15c2-12; the ratings are the opinions of the respective rating agencies (Moody's, S&P Global Ratings, Fitch Ratings, KBRA). Dates are the rating-action dates stated in each notice.

Frequently asked questions

Where does this information come from?

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.

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