New York City plans to issue $650 million of new-money general obligation bonds next week, followed by additional transactions in October to restructure its variable-rate portfolio.

The city on Friday will begin a two-day retail order period for $585 million of tax-exempt, fixed-rate bonds, with the institutional sale scheduled for Tuesday, when New York also plans to price $65 million of taxable GOs.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.