The New York City Transitional Finance Authority has issued $2.027 billion of 9/11 recovery bonds since the terrorist attacks, according to city Comptroller John Liu’s Office of Fiscal and Budget Studies.

The office, which analyzed local economic trends before and after Sept. 11, 2001, said the city has paid $279.6 million in interest on the debt since 2003 and has paid down $641.5 million of the principal. Estimates show that before the bonds are retired in fiscal 2023, the city will have paid $661 million of interest on them.

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