JJJ

Johns Hopkins University 4.705% 01-JUL-2032

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JHUV5504098 analysis



Key facts


Issuer
The Johns Hopkins University
Issue date
Nov 23, 2022
Maturity date
Jul 1, 2032
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
4.71% (Fixed)
Johns Hopkins University is a private research university in Baltimore, Maryland. Founded in 1876, the university was named for its first benefactor, the American entrepreneur, abolitionist, and philanthropist Johns Hopkins. His $7 million bequest (approximately $147.5 million in today's dollars)—of which half financed the establishment of Johns Hopkins Hospital—was the largest philanthropic gift in the history of the United States up to that time. Daniel Coit Gilman, who was inaugurated as the institution's first president on February 22, 1876, led the university to revolutionize higher education in the U.S. by integrating teaching and research. Adopting the concept of a graduate school from Germany's ancient Heidelberg University, Johns Hopkins University is considered the first research university in the United States. Over the course of several decades, the university has led all U.S. universities in annual research and development expenditures. In fiscal year 2016, Johns Hopkins spent nearly $2.5 billion on research.[9] The university has additional graduate campuses in Italy, China, and Washington, D.C., in addition to its main campus in Baltimore, Maryland. The university has been ranked by numerous major education publications as among the top universities in the world.
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