New Jersey State Educational Facilities Authority Revenue

Public Higher Ed· NJ· Unclaimed profile

Outstanding (EMMA est.)—

RatingsA2 Moody's · AA S&P · BBB+ Fitch

Last filingAug 2026

Compiled from MSRB EMMA & public records · read-only public record · debt as of Sep 18, 2026 · latest trade Sep 18, 2026 · latest filing Aug 7, 2026

Credit ratings

agency-stated

Moody's

552 rated securities · insured

S&P

606 rated securities · insured

Fitch

BBB+

206 rated securities · insured

KBRA

AA+

57 rated securities · insured

Outstanding par by rating agency and grade
Agency	Rating	Par	Share	CUSIPs
Moody's	Aaa	$1.8B	41.7%	121
	A2	$1.7B	39.3%	242
	Baa1	$510.7M	11.5%	83
	A3	$162.4M	3.7%	51
	Baa3	$98.3M	2.2%	35
	Ba1	$58.8M	1.3%	15
	Baa2	$5.9M	0.1%	2
	A1	$3.9M	0.1%	1
	Aa1	—	0.0%	2
S&P	AAA	$1.5B	33.9%	119
	AA	$1.4B	30.7%	240
	A-	$489.0M	10.7%	60
	BBB+	$426.8M	9.3%	68
	A	$373.3M	8.2%	58
	BBB	$235.7M	5.2%	27
	BB+	$58.8M	1.3%	15
	BBB-	$18.9M	0.4%	17
	BB	$17.9M	0.4%	1
	AA+	—	0.0%	1
Fitch	A	$449.4M	34.9%	60
	A+	$279.3M	21.7%	33
	BBB+	$262.8M	20.4%	72
	A-	$152.4M	11.9%	13
	BBB-	$142.4M	11.1%	28
KBRA	AA+	$215.5M	47.2%	25
	A-	$176.6M	38.7%	24
	AA	$64.5M	14.1%	8

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

Official statement posted

Aug 26, 2026 · REVENUE REFUNDING BONDS, STOCKTON UNIVERSITY ISSUE, SERIES 202…

Audited Financial Statements or ACFR filed

Aug 7, 2026 · Audited Financial Statements or ACFR: Audited Financial Stateme…

Moody's Initial — A3 (Negative)

Jul 31, 2026 · Rating Action: Moody's Ratings assigns A3 to Stockton Universit…

Other Financial / Operating Data filed

Jul 29, 2026 · Other Financial / Operating Data: 2025 Certificate of Complianc…

S&P Outlook — BB- (Negative)

Jul 8, 2026 · Rider University, NJ GO Debt Outlook Revised To Negative On Con…

Other Financial / Operating Data filed

Jul 1, 2026 · Other Financial / Operating Data: Incorporate OS by Reference

In context

Among the largest NJ issuers by debt outstanding · #4 of 1052

Debt overview

EMMA-derived

Outstanding par (EMMA est.)—

Securities1,042

Callable25%

62% of book Stevens Institute of Technology

$268.1M 50 securities

38% of book Ramapo College

$167.5M A2 / AA 62 securities

Outstanding securities

1,042

Sort

Outstanding securities for New Jersey State Educational Facilities Authority Revenue
CUSIP	Series / description	Coupon	Maturity	Outstanding	Ratings	First call
646066K66	2017A	0.05%	Jul 1, 2027	$3,615,000	—	Jan. 1, 1900
646066KB5	2015B	0.0325%	Jul 1, 2027	$2,665,000	Moody’s A2S&P AA	July 1, 2025
646066H29	2017A	0.05%	Jul 1, 2027	$3,200,000	Moody’s A2S&P AA	Jan. 1, 1900
646067DP0	2022A	0.05%	Jul 1, 2027	$4,960,000	Moody’s A2S&P AA	Jan. 1, 1900
646066KC3	2015B	0.035%	Jul 1, 2028	$2,750,000	Moody’s A2S&P AA	July 1, 2025
646067DQ8	2022A	0.05%	Jul 1, 2028	$5,205,000	Moody’s A2S&P AA	Jan. 1, 1900
646066K74	2017A	0.05%	Jul 1, 2028	$3,790,000	—	July 1, 2027
646066H37	2017A	0.03%	Jul 1, 2028	$3,360,000	Moody’s A2S&P AA	July 1, 2027
646066H45	2017A	0.03%	Jul 1, 2029	$4,425,000	Moody’s A2S&P AA	July 1, 2027
646066K82	2017A	0.05%	Jul 1, 2029	$3,385,000	—	July 1, 2027
646067DR6	2022A	0.05%	Jul 1, 2029	$4,505,000	Moody’s A2S&P AA	Jan. 1, 1900
646066KD1	2015B	0.05%	Jul 1, 2029	$2,845,000	Moody’s A2S&P A	July 1, 2025
646066KE9	2015B	0.03625%	Jul 1, 2030	$2,985,000	Moody’s A2S&P AA	July 1, 2025
646067DS4	2022A	0.05%	Jul 1, 2030	$4,730,000	Moody’s A2S&P AA	Jan. 1, 1900
646066K90	2017A	0.05%	Jul 1, 2030	$3,555,000	—	July 1, 2027
646066H52	2017A	0.05%	Jul 1, 2030	$4,555,000	Moody’s A2S&P AA	July 1, 2027
646066L24	2017A	0.05%	Jul 1, 2031	$3,740,000	—	July 1, 2027
646066H60	2017A	0.05%	Jul 1, 2031	$4,790,000	Moody’s A2S&P AA	July 1, 2027
646066KF6	2015B	0.05%	Jul 1, 2031	$3,100,000	Moody’s A2S&P A	July 1, 2025
646067DT2	2022A	0.05%	Jul 1, 2031	$4,955,000	Moody’s A2S&P AA	Jan. 1, 1900
6460665Z9	2020A Green	0.05%	Jul 1, 2032	$3,825,000	—	July 1, 2030
646067DU9	2022A	0.05%	Jul 1, 2032	$5,205,000	Moody’s A2S&P AA	Jan. 1, 1900
646066KG4	2015B	0.0375%	Jul 1, 2032	$3,255,000	Moody’s A2S&P AA	July 1, 2025
646066H78	2017A	0.0325%	Jul 1, 2032	$5,030,000	Moody’s A2S&P AA	July 1, 2027
646066L32	2017A	0.05%	Jul 1, 2032	$3,920,000	—	July 1, 2027
646066KH2	2015B	0.04%	Jul 1, 2033	$790,000	Moody’s A2S&P AA	July 1, 2025
646066L40	2017A	0.05%	Jul 1, 2033	$3,340,000	—	July 1, 2027
646067DV7	2022A	0.05%	Jul 1, 2033	$1,785,000	Moody’s A2S&P AA	July 1, 2032
6460666A3	2020A Green	0.05%	Jul 1, 2033	$4,800,000	—	July 1, 2030
646066H86	2017A	0.05%	Jul 1, 2033	$11,460,000	Moody’s A2S&P AA	July 1, 2027
6460666B1	2020A Green	0.05%	Jul 1, 2034	$5,045,000	—	July 1, 2030
646066KJ8	2015B	0.04%	Jul 1, 2034	$825,000	Moody’s A2S&P A	July 1, 2025
646066L57	2017A	0.05%	Jul 1, 2034	$3,510,000	—	July 1, 2027
646066J27	2017A	0.05%	Jul 1, 2034	$12,040,000	Moody’s A2S&P AA	July 1, 2027
646067DW5	2022A	0.05%	Jul 1, 2034	$1,870,000	Moody’s A2S&P AA	July 1, 2032
646067DX3	2022A	0.05%	Jul 1, 2035	$1,965,000	Moody’s A2S&P AA	July 1, 2032
646066L65	2017A	0.05%	Jul 1, 2035	$3,685,000	—	July 1, 2027
646066J35	2017A	0.05%	Jul 1, 2035	$12,655,000	Moody’s A2S&P AA	July 1, 2027
6460666C9	2020A Green	0.05%	Jul 1, 2035	$5,310,000	—	July 1, 2030
646066KK5	2015B	0.04%	Jul 1, 2035	$855,000	Moody’s A2S&P AA	July 1, 2025
646066KL3	2015B	0.05%	Jul 1, 2036	$890,000	Moody’s A2S&P A	July 1, 2025
646066J43	2017A	0.035%	Jul 1, 2036	$3,145,000	Moody’s A2S&P AA	July 1, 2027
646067DY1	2022A	0.05%	Jul 1, 2036	$2,065,000	Moody’s A2S&P AA	July 1, 2032
6460666D7	2020A Green	0.05%	Jul 1, 2036	$5,585,000	—	July 1, 2030
646066L73	2017A	0.05%	Jul 1, 2036	$3,870,000	—	July 1, 2027
646067EH7	2022B	0.04293%	Jul 1, 2037	$1,670,000	Moody’s A2S&P AA	July 1, 2032
646066H94	2017A	0.0375%	Jul 1, 2037	$530,000	Moody’s A2S&P AA	July 1, 2027
646066L81	2017A	0.05%	Jul 1, 2037	$4,060,000	—	July 1, 2027
646067DZ8	2022A	0.05%	Jul 1, 2037	$2,165,000	Moody’s A2S&P AA	July 1, 2032
646066KL3	2015B	0.05%	Jul 1, 2037	$935,000	Moody’s A2S&P A	July 1, 2025
6460666E5	2020A Green	0.05%	Jul 1, 2037	$6,585,000	—	July 1, 2030
6460666F2	2020A Green	0.05%	Jul 1, 2038	$6,925,000	—	July 1, 2030
646067EH7	2022B	0.04293%	Jul 1, 2038	$1,740,000	Moody’s A2S&P AA	July 1, 2032
646066H94	2017A	0.0375%	Jul 1, 2038	$550,000	Moody’s A2S&P AA	July 1, 2027
646066KL3	2015B	0.05%	Jul 1, 2038	$980,000	Moody’s A2S&P A	July 1, 2025
646066L99	2017A	0.05%	Jul 1, 2038	$4,265,000	—	July 1, 2027
646067EA2	2022A	0.05%	Jul 1, 2038	$2,275,000	Moody’s A2S&P AA	July 1, 2032
6460666G0	2020A Green	0.05%	Jul 1, 2039	$7,290,000	—	July 1, 2030
646066KL3	2015B	0.05%	Jul 1, 2039	$1,030,000	Moody’s A2S&P A	July 1, 2025
646067EB0	2022A	0.04%	Jul 1, 2039	$2,390,000	Moody’s A2S&P AA	July 1, 2032
646067EH7	2022B	0.04293%	Jul 1, 2039	$1,815,000	Moody’s A2S&P AA	July 1, 2032
646066L99	2017A	0.05%	Jul 1, 2039	$4,475,000	—	July 1, 2027
646066H94	2017A	0.0375%	Jul 1, 2039	$570,000	Moody’s A2S&P AA	July 1, 2027
646066KL3	2015B	0.05%	Jul 1, 2040	$1,085,000	Moody’s A2S&P A	July 1, 2025
646066H94	2017A	0.0375%	Jul 1, 2040	$590,000	Moody’s A2S&P AA	July 1, 2027
646067EC8	2022A	0.04%	Jul 1, 2040	$2,490,000	Moody’s A2S&P AA	July 1, 2032
646067EH7	2022B	0.04293%	Jul 1, 2040	$1,885,000	Moody’s A2S&P AA	July 1, 2032
646066L99	2017A	0.05%	Jul 1, 2040	$4,700,000	—	July 1, 2027
6460666H8	2020A Green	0.05%	Jul 1, 2040	$7,665,000	—	July 1, 2030
646066L99	2017A	0.05%	Jul 1, 2041	$4,935,000	—	July 1, 2027
646067ED6	2022A	0.04%	Jul 1, 2041	$2,585,000	Moody’s A2S&P AA	July 1, 2032
6460666J4	2020A Green	0.05%	Jul 1, 2041	$8,065,000	—	July 1, 2030
646066H94	2017A	0.0375%	Jul 1, 2041	$610,000	Moody’s A2S&P AA	July 1, 2027
646067EH7	2022B	0.04293%	Jul 1, 2041	$3,115,000	Moody’s A2S&P AA	July 1, 2032
646067EH7	2022B	0.04293%	Jul 1, 2042	$3,240,000	Moody’s A2S&P AA	July 1, 2032
646067EE4	2022A	0.04%	Jul 1, 2042	$2,690,000	Moody’s A2S&P AA	July 1, 2032
646066L99	2017A	0.05%	Jul 1, 2042	$5,185,000	—	July 1, 2027
6460666J4	2020A Green	0.05%	Jul 1, 2042	$8,480,000	—	July 1, 2030
646066H94	2017A	0.0375%	Jul 1, 2042	$635,000	Moody’s A2S&P AA	July 1, 2027
6460666J4	2020A Green	0.05%	Jul 1, 2043	$8,915,000	—	July 1, 2030
646066M31	2017A	0.04%	Jul 1, 2043	$2,710,000	—	July 1, 2027
646067EF1	2022A	0.04%	Jul 1, 2043	$755,000	Moody’s A2S&P AA	July 1, 2032
646066M23	2017A	0.05%	Jul 1, 2043	$2,730,000	—	July 1, 2027
6460666J4	2020A Green	0.05%	Jul 1, 2044	$9,375,000	—	July 1, 2030
646067EF1	2022A	0.04%	Jul 1, 2044	$785,000	Moody’s A2S&P AA	July 1, 2032
646066M23	2017A	0.05%	Jul 1, 2044	$2,835,000	—	July 1, 2027
646066M31	2017A	0.04%	Jul 1, 2044	$2,850,000	—	July 1, 2027
6460666J4	2020A Green	0.05%	Jul 1, 2045	$9,860,000	—	July 1, 2030
646067EF1	2022A	0.04%	Jul 1, 2045	$815,000	Moody’s A2S&P AA	July 1, 2032
646066M23	2017A	0.05%	Jul 1, 2045	$2,955,000	—	July 1, 2027
646066M31	2017A	0.04%	Jul 1, 2045	$2,990,000	—	July 1, 2027
646066M23	2017A	0.05%	Jul 1, 2046	$3,070,000	—	July 1, 2027
646067EF1	2022A	0.04%	Jul 1, 2046	$850,000	Moody’s A2S&P AA	July 1, 2032
646066M31	2017A	0.04%	Jul 1, 2046	$3,140,000	—	July 1, 2027
6460666K1	2020A Green	0.04%	Jul 1, 2046	$6,970,000	—	July 1, 2030
6460666L9	2020A Green	0.03%	Jul 1, 2046	$3,335,000	—	July 1, 2030
646066M23	2017A	0.05%	Jul 1, 2047	$3,195,000	—	July 1, 2027
646067EF1	2022A	0.04%	Jul 1, 2047	$880,000	Moody’s A2S&P AA	July 1, 2032
6460666K1	2020A Green	0.04%	Jul 1, 2047	$7,230,000	—	July 1, 2030
6460666L9	2020A Green	0.03%	Jul 1, 2047	$3,465,000	—	July 1, 2030
646066M31	2017A	0.04%	Jul 1, 2047	$3,295,000	—	July 1, 2027
6460666L9	2020A Green	0.03%	Jul 1, 2048	$5,825,000	—	July 1, 2030
6460666K1	2020A Green	0.04%	Jul 1, 2048	$12,030,000	—	July 1, 2030
646067EG9	2022A	0.04%	Jul 1, 2048	$920,000	Moody’s A2S&P AA	July 1, 2032
6460666L9	2020A Green	0.03%	Jul 1, 2049	$6,065,000	—	July 1, 2030
646067EG9	2022A	0.04%	Jul 1, 2049	$955,000	Moody’s A2S&P AA	July 1, 2032
6460666K1	2020A Green	0.04%	Jul 1, 2049	$12,455,000	—	July 1, 2030
6460666L9	2020A Green	0.03%	Jul 1, 2050	$6,310,000	—	July 1, 2030
646067EG9	2022A	0.04%	Jul 1, 2050	$995,000	Moody’s A2S&P AA	July 1, 2032
6460666K1	2020A Green	0.04%	Jul 1, 2050	$12,905,000	—	July 1, 2030
646067EG9	2022A	0.04%	Jul 1, 2051	$1,030,000	Moody’s A2S&P AA	July 1, 2032
646067EG9	2022A	0.04%	Jul 1, 2052	$1,075,000	Moody’s A2S&P AA	July 1, 2032

Market activity

EMMA · secondary trades · latest Sep 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

Sep 18 6460666C9 102.44 4.29% 10,000 Inter-Dealer Trade

Sep 18 6460666C9 102.76 4.20% 10,000 Customer Bought

Sep 18 6460666C9 102.69 4.22% 10,000 Inter-Dealer Trade

Sep 18 6460666C9 102.64 4.24% 10,000 Inter-Dealer Trade

Sep 17 646066KE9 98.81 3.97% 10,000 Inter-Dealer Trade

Sep 17 646066KE9 97.61 4.32% 10,000 Customer Sold

Sep 17 646066KE9 97.84 4.25% 10,000 Inter-Dealer Trade

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

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

Recent rating actions

Moody's · S&P · Fitch · KBRA

Moody's Rating Action: Moody's Ratings assigns A3 to Stockton University, NJ's Series 2026 C bonds; outlook revised to negative 31 Jul 2026…

Jul 31, 2026

Initial A3 Outlook Negative

View the filing on EMMA ↗

S&P Rider University, NJ GO Debt Outlook Revised To Negative On Consistent Deficits and Liquidity Concerns View Analyst Contact Informa…

Jul 8, 2026

Outlook BB- Outlook Negative

View the filing on EMMA ↗

S&P Kean University, NJ Series 2026B And 2026C Revenue And Refunding Bonds Rated 'A-'; Outlook Positive View Analyst Contact Informatio…

May 18, 2026

Initial A- Outlook Positive

View the filing on EMMA ↗

Moody's Rating Action: Moody's Ratings assigns A2 rating to Kean University's (NJ) revenue bonds; outlook stable 12 May 2026 New York, May …

May 12, 2026

Initial A2 Outlook Stable

View the filing on EMMA ↗

S&P Kean University, NJ 2015H, 2017C-D Bond Outlook Revised To Positive On Improving Performance; 'A-' Rating Affirmed View Analyst Con…

Oct 27, 2025

Outlook A- Outlook Positive

View the filing on EMMA ↗

Moody's (AGM) and Assured Guaranty UK Limited (AGUK) to A1 from A2 and the IFS rating of Assured Guaranty Corp.

Mar 18, 2022

Downgrade A2 → A1 Outlook Stable

View the filing on EMMA ↗

Fitch The complete span of best- and worst-case scenario credit ratings for all rating categories ranges from 'AAA' to 'D'.

Jun 30, 2021

Downgrade AAA → D Outlook Negative

View the filing on EMMA ↗

Fitch Revs to 'A-'; Outlook Negative Fitch Ratings-New York-22 November 2019: Fitch Ratings has downgraded the ratings on approximately $…

Nov 26, 2019

Downgrade A → A- Outlook Negative

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.

New Jersey State Educational Facilities Authority Revenue

Credit ratings

Maturity profile

Recent activity

Debt overview

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Outstanding securities

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