T
TVC
Tennessee Valley Authority
· Baby Bond
$23.96
last price
About this security
TVC is a 6.75% baby bond (an exchange-traded $25 debt note) issued by Tennessee Valley Authority, a Baby Bond issuer. $25 principal amount, current yield 2.23%.
Issuer page — all Tennessee Valley Authority securities & profile →
Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing
live page · rendered 20:10:21 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
2.23%
Annual Interest
$0.5336
Recent Market Price
$23.96
as of 2026-06-16
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-05-29
Pay Frequency
quarterly
Original Coupon
6.750%
Call Date
—
Yield to Call
n/a — not callable
Yield to Worst
4.32%
Principal Amount
$25.00
Maturity
2028-06-01
Redeemable
No
Convertible
No
Floating Rate
fixed 6.75% for first 5 years (from June 1998), then resets annually on June 1 (first reset June 1, 2003) to 30-yr U.S. Treasury CMT + 0.94% — DOWNWARD ONLY (resets only if 30-yr CMT + 94bps is below the then-current coupon; never increases). TVA "1998 Series D" PARRS, matures June 2028.
Issued
1998-06-01
vs. Baby Bond category (54 issues): yield 2.23% vs avg 6.75% · discount -4.2% vs avg -11.6%
Quote
| TVC (preferred) | TVC (common) | |
|---|---|---|
| Last | $23.96 | $23.96 |
| Change | — | — |
| Open | $23.94 | $23.94 |
| High / Low | $23.98 / $23.94 | $23.98 / $23.94 |
| Prev Close | — | — |
| Volume | 19,758 | 19,758 |
| 52-Week High / Low | $24.57 / $23.30 | $24.57 / $23.30 |
52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
● TVC
● TVC (common)
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-05-29 | $0.133400 |
| 2026-02-27 | $0.133400 |
| 2025-11-28 | $0.133400 |
| 2025-08-29 | $0.133400 |
| 2025-05-30 | $0.133400 |
| 2025-02-28 | $0.133400 |
| 2024-11-29 | $0.133375 |
| 2024-08-30 | $0.133400 |
| 2024-05-31 | $0.133400 |
| 2024-02-28 | $0.133400 |
| 2023-11-29 | $0.133400 |
| 2023-08-30 | $0.133400 |
Performance — $10K Calculator
See what an investment in TVC would be worth today, dividends reinvested.
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
Other Securities from Tennessee Valley Authority
| Symbol | Type | Coupon | Price | Yield |
|---|---|---|---|---|
| TVE | baby bond | 6.500% | 23.51 | 2.36% |
News — Tennessee Valley Authority
- 1 Reason to Buy NuScale Power Stock, and 2 Reasons to Sell — finance.yahoo.com · Jun 17, 2026
- Water system improved after elevated manganese levels found in Melton Hill Lake — aol.com · Jun 16, 2026
- Freshwater pearls representing Tennessee at Smithsonian’s ‘America 250’ exhibition — aol.com · Jun 16, 2026
- Alphabet (GOOGL) Stock: Google’s $1.5B Alabama Data Center Expansion Goes All-In on Self-Funding — blockonomi.com · Jun 16, 2026
- 'Google will pay for 100% of the power it uses': Google pledges $1.5 billion to expanding Alabama data center and paying for its energy cost — techradar.com · Jun 16, 2026
- Is SMR Under $10 a Bargain or a Trap? Here's the Honest Answer. — finance.yahoo.com · Jun 16, 2026
- Type One Energy Appoints Bernard Looney to Board of Directors — finance.yahoo.com · Jun 16, 2026
- New upgrades finished at Norris Lake access point in Campbell County — aol.com · Jun 15, 2026
Issuer news via Tiingo, tagged to TVC.