NYC Transit Agency Cuts Bond Refinancing 40% Amid Yield Spike
The Metropolitan Transportation Authority, which operates New York City’s subways, buses and commuter lines, cut a planned debt refinancing by about 40% as tax-exempt bond yields hovered near their highest levels in at least 15 years.
This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.
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