N.Y. MTA's Outstanding Variable-Rate Debt Declined $248 Million in 2005

Cataldo, Adam L.
April 2006
Bond Buyer;4/25/2006, Vol. 356 Issue 32367, p36
Trade Publication
The article reports on the decline in outstanding variable-rate debt of New York Metropolitan Transportation Authority. The agency has nearly 22.6 billion dollars of outstanding debts. Its variable-rate debt is spread unevenly across all four of the agency's credits. The dedicated tax fund resolution backs about 780 million dollars of such debt.


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