New York State and New York City’s borrowing authorities plan to issue up to $6.17 billion of new-money bonds in the second quarter, according to a forward issuance calendar released by the state comptroller’s office last week. Additionally, issuers plan $1.53 billion of refundings and $186 million of conversions.

The amount of new-money bonds expected to be issued has increased compared to the $4.8 billion planned for the first quarter of 2010.

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