NYS Office of the Comptroller DiNapoli Releases Bond Calendar for March and April

 

Tentative Schedule Includes $8.86 Billion of New Money and Refunding Debt Sales New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York State, New York City and their major public authorities during the months of March and April of 2024. The planned sales of $8.86 billion include $4.77 billion of new money and $4.09 billion of refundings and reofferings as follows: $7.81 billion scheduled for March, $4.35 billion of which is for new money purposes and $3.46 billion of which is for refunding and reoffering purposes; and $1.05 billion scheduled for April, $417 million of which is for new money purposes and $631 million of which is for refunding purposes. The State Comptroller’s office chairs the Securities Coordinating Committee, which was created by Gubernatorial Executive Order primarily to coordinate the borrowing activities of the state, New York City and their respective public authorities. All borrowings are scheduled at the request of the issuer and done pursuant to their borrowing programs. The schedule is released by the committee to assist participants in the municipal bond market. It is contingent upon execution of all project approvals required by law. The collection and release of this information by the Office of the State Comptroller is not intended as an endorsement of the proposed issuances it contains, many of which will be subject to approval by the Office of the State Comptroller. The prospective calendar includes anticipated bond sales by the following issuers: the Dormitory Authority of the State of New York, the Environmental Facilities Corporation, the Metropolitan Transportation Authority, the New York City Housing Development Corporation, the New York City Municipal Water Finance Authority, the New York State Housing Finance Agency, and the Triborough Bridge and Tunnel Authority. Calendar: Securities Coordinating Committee (SCC) Forward Issuance Bond Calendar