Summary of Debt Programs

Revenue Financing System (RFS)

• Five-year Capital Plan – $1.98 billion
• $3.2 billion in outstanding bonds; 23 issues outstanding 8/31/2026
• $440.4 million in outstanding commercial paper
• 3.74% average interest cost

Permanent University Fund (PUF)

• Five-year Capital Plan – $1.66 billion
• $1.8 billion in outstanding bonds; 9 issues outstanding 8/31/2026
• $100 million in outstanding commercial paper
• 4.14% average interest cost