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Top-rated municipal bonds were weaker at mid-session, traders said, as the New York Metropolitan Transportation Authority offered almost $600 million of green bonds to retail buyers.
September 18 -
The municipal bond market is set for the start of the week’s smaller-than-average new issue calendar. Volume for the week is estimated at $4.72 billion, consisting of $3.71 billion of negotiated deals and $1.01 billion of competitive sales.
September 18 -
Weekly volume in the primary municipal bond market is expected to drop below $5 billion for the third time in five weeks.
September 15 -
Joseph Lhota repeated his call for New York City to contribute to the triage plan.
August 31 -
The plan would toll East River bridges and charge motorists within certain parts of Manhattan, with an eye on funding transit.
August 25 -
The mayor touted his millionaire's tax while his Democratic challenger backs congestion pricing.
August 24 -
A Big Apple summer serves as a reminder of the need to invest in the grid.
August 22John Hallacy Consulting LLC -
The vote culminated a five-year effort designed to fund public improvements, notably to transit infrastructure.
August 10 -
The subway crisis could change the political landscape, New York's mayor says.
August 8 -
The New York mayor and his supporters must shepherd the bill through Albany.
August 7 -
Lacking a new revenue source, the agency that runs New York City's subway may add to its $38 billion of debt.
July 28 -
The Manhattan Institute's study comes amid a New York transit crisis and related political bickering
July 26 -
The MTA's debt-service backstop mitigates risk, the rating agency says.
July 25 -
New York Metropolitan Transportation Authority’s intended $500 million offering of transportation revenue bonds will be on the day-to-day calendar amid the authority’s wave of derailments, signaling malfunctions and track fires.
July 24 -
The governor promised a "new era of economic growth" stemming from the investments.
July 19 -
The MTA's new capital plan will include nearly $2 billion for the project to add capacity on the LIRR Main Line.
July 14 -
New York City's comptroller called for a $3.5 billion bond measure to fund mass transit improvements.
July 10 -
The Long Island Rail Road is still working out alternatives to Penn Station construction this summer.
July 6 -
Top shelf municipal bonds were unchanged at mid-session as traders prepared for next week’s almost non-existent new issue calendar. Ipreo estimates volume at $130.4 million, down from a revised total of $6.02 billion sold this week, according to updated data from Thomson Reuters.
June 30 -
Troubleshooter Joe Lhota, back as chair of New York's MTA, has no shortage of challenges.
June 30















