Map of the Month

Each month a new map is presented to the Commission to help explain important trends in the Bay Area, across the nation and around the world. These custom-crafted maps are prepared by MTC’s Data & Visualization team.

December 2015

Historical Fixed-Rate Market And Bata Financing

This chart compares the historical fixed rate Revenue Bond Index (RBI) to the actual results of BATA's financings since 2000. As you can see, the average RBI over that time period is a little over 5%, while BATA's actual "all in" blended rate is nearly 100 basis points lower at 4%. That blended rate includes fixed rate, synthetic fixed rate, and variable rate debt. Our savings in debt service costs over the life of the financings are projected to exceed $2 billion. Looked at another way, our financing strategy has avoided about a $1.50 in higher tolls on all the state-owned bridges and has produced an outstanding financial result in a truly turbulent market.