Metropolitan Transportation Authority

Attention is turning toward the future of funding for the nation’s biggest transit system.

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.

Andy Byford, president of the MTA's New York City Transit unit, said timing relative to budget cycles is essential.

The big New York City and California deals are dominating investors’ attention this week as municipals turned weaker.

The New York City Transitional Finance Authority and the New York Metropolitan Transportation Authority were in the market on Wednesday.

The New York mayor says he will seek federal funding for the $2.7 billion project.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

The Port Authority of New York and New Jersey, the New York Metropolitan Transportation Authority, and Connecticut capped a busy week in the muni market.

S&P last week downgraded the transportation authority, citing weak debt-service coverage.

S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.

The legislation, which aims to curb the effects of app-based for-hire vehicles on city streets, may lead to a congestion pricing framework.