Metropolitan Transportation Authority

Gov. Andrew Cuomo credited Lhota for stabilizing the subway system.

New York’s mass transit crisis has prompted some transportation advocates to say the city would be better off taking back subway and bus operations from the state-run MTA.

Municipals remained stronger as Montgomery County, Maryland, came to market with a triple-A-rated sale.

Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.

New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.

After three quarters, only Morgan Stanley and Jefferies have increased par amount underwritten from last year.

Municipal bond prices weakened as supply flooded into the primary sector.

Municipal bond buyers saw more volume hit the screens on Wednesday as the big New Jersey deal came to market.

Municipal bond supply jumps next week as the last quarter of the year begins.

The authority, one of the largest municipal bond issuers, will use the new benchmark to reduce its exposure to Libor, which is slated to sunset.