New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the fourth quarter of 2022.

The planned sales of $5.65 billion include $5.43 billion of new money and $216 million of refundings and reofferings as follows:

• $4.51 billion scheduled for October, $4.36 billion of which is for new money purposes and $146 million of which is for reoffering purposes;
• $490 million scheduled for November, all of which is for new money purposes; and
• $650 million scheduled for December, $580 million of which is for new money purposes and $70 million of which is for refunding purposes.

The anticipated sales in the fourth quarter compare to past planned sales of $8.69 billion during the third quarter of 2022, and $5.05 billion during fourth quarter of 2021.

The State Comptroller’s Office chairs the Securities Coordinating Committee, which was created by Gubernatorial Executive Order primarily to coordinate the borrowing activities of the state, New York City, and their respective public authorities. All borrowings are scheduled at the request of the issuer and done pursuant to their borrowing programs.

A new schedule is released every quarter and updated as necessary. The schedule is released by the committee to assist participants in the municipal bond market. It is contingent upon execution of all project approvals required by law. The collection and release of this information by the Office of the State Comptroller is not intended as an endorsement of the proposed issuances it contains.

The prospective fourth quarter calendar includes anticipated bond sales by the following issuers: the Dormitory Authority of the State of New York, the Environmental Facilities Corporation, the New York City Housing Development Corporation, the New York City Transitional Finance Authority, the New York State Housing Finance Agency, the New York Transportation Development Corporation, and the Metropolitan Transportation Authority.

Calendar:
Securities Coordinating Committee (SCC) Forward Issuance Bond Calendar

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