The New York City Transitional Finance Authority sold about $1.1 billion future tax secured fixed-rate subordinate bonds, a spokesman for city comptroller John Liu said late Wednesday.

The sale included $650 million of tax-exempt new money bonds, $350 million of taxable new money bonds, and roughly $91 million of taxable new money qualified school construction bonds, the spokesman said.

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.