New York’s Metropolitan Transportation Authority came to market Tuesday in one of the larger deals of the week, pricing for institutions $336 million of revenue bonds that were pulled June 19 due to market volatility.

Traders said a third of the deal went to retail Monday, though yields were higher than what the MTA received in its June retail order period. After pricing for retail June 19, RBC Capital Markets cancelled orders and postponed the deal.

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.