New York State and New York City’s borrowing authorities plan to sell up to $6.12 billion of debt in the first quarter of the new year, including $1.09 billion of refundings, according to the bond sale schedule released today by the state comptroller’s office.

The state plans to sell $1.12 billion of personal income tax bonds through the Dormitory Authority of the State of New York, the Empire State Development Corp., the New York State Environmental Facilities Corp. and the New York State Housing Finance Agency.

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