Metropolitan Transportation Authority

While dodging the actual phrase, Gov. Andrew Cuomo suggested now is the time to seriously consider a tolling plan to fund subway and street repair in New York City.

The long holiday weekend comes at a perfect time for tired muni market participants after a furious few weeks of action spurred by tax reform.

Skeptics question whether the MTA can deliver on time and on budget after it fumbled other big projects.

In an unusually busy Monday, municipal bond issuers tried to beat the clock and complete sales ahead of the impending tax reform.

Now that the uncertainty of tax legislation and how it relates to munis is gone, market participants can focus on the upcoming calendar — as it will most likely be the last big supply week for a while, with Christmas and New Year’s right around the corner.

The final tax bill released late Friday afternoon saved private activity bonds but advance refunding bonds will disappear.

As the exact language of the final tax legislation looms, municipal market participants eager wait to see how it pertains to private activity bonds, there will be $11 billion of issuance awaits as issuers make one final push.

The municipal bond market next week will continue to see above-average volume, albeit at a much slower pace than this week, as $11.14 billion of deals are on the calendar.

The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.

Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.

Regional Plan Association's far-reaching ideas for New York-area transit overhaul struck some nerves, and president Tom Wright welcomes the debate.

The Regional Plan Association recommends congestion pricing, infrastructure banks, public benefit corporations, a regional rail system and an end to 24-hour New York subway service.

The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.

The municipal bond market is getting set for the Thanksgiving holiday as it looks ahead to next week’s $11.73 billion new issue calendar.

Underwriters priced the New York Metropolitan Transportation Authority’s $2 billion advance refunding deal for institutions on Tuesday, the last big offering of the week.

The MTA tapped a transportation professional with experience in Toronto and London to spearhead the modernization of New York's subway and bus system.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. In secondary trading, municipals turned weaker.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. The green bonds were offered to retail buyers on Monday, who ordered about $770 million of the bonds, according to a market source.

The MTA offered $2.2 billion of green bonds to retail buyers, looking to save on borrowing costs with a type of sale that may be banned under pending tax legislation.