Metropolitan Transportation Authority

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.