The New York State Thruway Authority, established in 1950 and headquartered in Albany, New York, operates a vital toll highway system designed to facilitate transportation and commerce across the state. Its primary services include the management and maintenance of the 570-mile New York State Thruway, which serves as an economic artery for both passengers and freight.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NYSTRN 2.90% 2035-01-01 USDNew York State Thruway Authority | United States | 2035-01-01 | 2.900 | 4.45 |
| NYSTRN 3.50% 2042-01-01 USDNew York State Thruway Authority | United States | 2042-01-01 | 3.500 | 5.18 |
| NYSTRN 5.45% 2025-04-01 USDNew York State Thruway Authority | United States | 2025-04-01 | 5.449 | 1949.25 |
| NYSTRN 5.88% 2030-04-01 USDNew York State Thruway Authority | United States | 2030-04-01 | 5.883 | 5.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Authority has a long history of bond issuance, dating back to its inception, to fund construction and maintenance projects. Notably, in 2020, it issued $500 million in revenue bonds to finance critical infrastructure improvements and refinance existing debt. Currently, the Thruway Authority’s bonds offer competitive yields compared to the municipal bond market, enhanced by features such as tax-exempt status and a strong credit rating. Recent reports highlight the Authority's commitment to sustainability by integrating green financing in its future bond offerings.