The second largest deal out of New York this year is expected to come to market the week of Aug. 6 with $1.2 billion of combined new money and refunding bonds.

The New York City Transitional Finance Authority, an instrumentality of the state, is planning to sell future tax-secured bonds on Wednesday. About $350 million of the bonds will be offered competitively; the negotiated $850 million portion will price for institutions after a two-day retail order period that begins Monday.

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