Current Bond Offerings

As of 08/28/2008

Hudson Yards , NY (MBIA Insured) (Infrastructure Revenue Bonds)
Coupon: 4.50%
Maturity: 2/15/2047
Callable: 2/15/2017
YTM: 5.02%
Moody's: A2
S&P: AA

The issuance of these revenue bonds is part of a comprehensive proposal to realize the development potential of Manhattan’s Far West Side. The project includes a series of actions to transform Hudson Yards into a dynamic, transit-oriented urban center, permitting medium to high density development and a mix of uses, including commercial, residential, open space, cultural and entertainment.

Ratings are provided as available by Moody’s Investor Services, Standard & Poor’s and Fitch Ratings.
 
Yield Information:
 
YTM is yield to maturity and represents the return the investor would realize if a bond is held to maturity.
 
YTC is yield to call and represents the return the investor would realize if the bond were retired by the issuer on the stated call date.

Learn about this and other offerings.

Use a calculator to figure the tax equivalent yield.

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