The Metropolitan Transportation Authority (MTA) of New York State, founded in 1965 and headquartered in New York City, operates as the primary transportation provider in the New York metropolitan area. The MTA's essential services include public transit systems, such as subways, buses, and commuter trains that connect millions of residents and visitors to the region's services and resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MTATRN 6.73% 2030-11-15 USDMetropolitan Transn Auth N Y S | United States | 2030-11-15 | 6.734 | 4.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the MTA has been a significant issuer of municipal bonds to finance various infrastructure projects. Notably, its first major bond issuance occurred in 1970, enabling extensive improvements across its transit network. Recent bond offerings have included green bonds aimed at funding environmentally friendly initiatives, with current yields competitive within the municipal bond market. In 2021, the MTA issued a $1 billion bond to address pandemic-related financial challenges, demonstrating resiliency amid economic uncertainty.