The New York City Transitional Finance Authority intends to kick off a $1.2 billion sale of new-money bonds with a $650 million tax-exempt offering on Oct. 23 after a two-day retail order period.

The TFA will sell these bonds through its underwriting syndicate, a spokesman for city Comptroller John Liu said Wednesday.

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.