The Dormitory Authority of the State of New York accelerated institutional pricing to Wednesday on its $443 million issue, lowering yields as much as 10 basis points after retail investors placed $450 million in orders.

Bank of America Merrill Lynch priced $443.1 million of University of New York dormitory facilities revenue bonds, rated Aa3 by Moody's Investors Service and A-plus by Standard & Poor's and Fitch Ratings.

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